Brazil Property News: Brazil to be 'world economic player'




1st August 2008 16:01


Economists are predicting Brazil is about to achieve its potential as a world player, having seen its biggest expansion in three decades.

The New York Times reports the country's inhabitants are creating new class structures, with the realm of the super rich hitting Brazil.

President Luiz Inacio Lula da Silva has helped millions of residents out of poverty in the country, according to David Fleischer, a political analyst and professor at the University of Brasilia.

It has reduced the gap in income by six per cent and the bottom ten per cent of earners have seen their pay increase by 58 per cent, according to Marcelo Cortes Neri, the director of the Center for Social Policies at the Getulio Vargas Foundation.

Brazil has also remained resilient to the economic downturn being experienced by Europe and the US.

The country has already diversified its industries now dealing in oil and the large agricultural sector in the area.

According to Merco Press, Mr da Silva has recently championed the economy in the country, saying it is "going to continue growing".


Follow uv10 on Twitter



Related News



News Archive


How to invest in Brazilian property

When it comes to property investment, the early bird really does catch the worm.


uv10's web site is designed to help and will provide you with the following invaluable information:



To find out more about investing, and have the chance to be one of the first to invest in this exciting and dynamic market, fill out our online form and we'll be in touch to answer all your questions.



uv10 Brazil Property and Real Estate Agents
Brazil Property
Land in Brazil
Brazil Property buyer's guide
Brazil Property Investment
Why buy now in Brazil
Real Estate in Natal, Brazil
Real Estate in Pipa, Pipa Beach, Praia do Pipa, Brazil
questions and answers about property in brazil
uv10 Brazil Property in the news
Brazil Property News
Contact uv10 Brazil Property
About Us
Register for the Brazil Property Guide
Name:
Email:
Phone:
Your message: