British Research Centre
During tour of 2008, the economy of Brazil has gone from being immune to the effects of the international financial crisis to see heavily tapped through mainly financial channel (though in recent months also felt the effect from the front of the real economy). Despite the slowdown that is beginning to produce in the economy of Brazil and which will be deepened during the first half of 2009, as we comentaramos on one of the news of yesterday’s Brazil eighth economy in the world?, a study conducted by the British Research Centre, the Centre for economics and business research (CEBR), indicates that the global economic crisis could lead to Brazil be the tenth world economy to become the eighth in the ranking of the world’s major economies. The reason for this fact would be given by the highly negative impact of the international financial crisis is having on the economies of Spain and Canada that you would waste part of your product Gross domestic (GDP) while the product of Brazil’s economy continues to grow, although at a lower rate. Based on growth projections published by the international publication LatinFocus, which arise from a survey it carried out different analysts, the Brazilian economy would grow on average by 5.2% this year, slowing to 3.1% for 2009. The information released on the day of yesterday, in relation to the growth of the Brazilian economy during the third quarter of this year, showed an increase of 1.8%. This good performance observed in the third quarter shows that the economy of Brazil has not yet observed a significant deterioration, as it is the case of the developed economies. In this way, the Brazilian Institute of geography and statistics (IBGE) also reported that the country’s gross domestic product (GDP) expanded by 6.8% in the third quarter compared to the same period of 2007. Another fact positive of the Brazilian economy in recent days has been the strong inflationary slowdown, observed in the IGP-DI inflation index, which may allow the Central Bank of Brazil, its inflationary goal without applying a more restrictive monetary policy, thereby, improving the chances of reducing the potential slowdown of economic growth. .
