Continuity for Investment in Brazil
After the recent elections little has changed in Brazil. Continuity is the political and economic watchword and a guarantee that investment in Brazil will continue offering huge potential.
Brazil’s new President, Dilma Rousseff represents a continuation of Lula’s 8-year government. Under Lula, Brazil continued the orthodox economic policies introduced earlier and made social spending the trademark of the new Brazil. As a result, the economy has gone from strength to strength and Brazilian investments are at their highest level ever.
Dilma is anxious to reassure the financial markets and investors in Brazil that they can expect more of the same from her government. She has already pledged to continue Lula’s economic policies. These have brought steady growth to Brazil whose annual GDP growth is forecast to average between 4% and 5% between 2011 and 2013, record employment levels and above all, unprecedented social changes.
Conscious that Brazil’s booming middle classes are key to progress, Dilma has also promised to continue big social spending. This is excellent news for opportunities for investment in Brazil since the new upwardly aspiring middle classes represent a niche investment area.
One of Dilma’s priorities is increasing the Brazilian minimum wage and she says she plans to study ways of raising the minimum wage by 20% next year. This increase would boost still further the new middle class wealth and by extension, the associated investments.
Brazil’s next cabinet is still a mystery and Dilma has yet to unveil her ministers’ names. There’s pressure from the business community to keep Henrique Meirelles as head of Brazil’s Central Bank. The Central Bank has played a key role in marking Brazil’s economic path and is seen as a model of banking practice.
Dilma’s main challenge as new President is to continue transforming Brazil into a developed nation. Infrastructure investment in Brazil’s forthcoming sporting celebrations is a priority as is reining in public spending. Since her election, Dilma has proved to be determined to take Brazil to greater things. “I will be the one who guarantees the country’s economic stability,” she said.
Dilma faces the risk of being overshadowed by her predecessor and mentor, Lula – his future role in Brazil after handing over power in January is unclear – but her first steps show she already has a good idea of the path she would like Brazil to follow.
This path is one of continuity and, if her policies are successful, more improvements. For Obelisk, this message is good news for Brazil investment – not only can we expect more of the same excellent potential but we will see more opportunities for high returns.
Contact Obelisk International on 0034 952 820 319. Via email: info@obeliskinternational.com or visit our website: www.obeliskinternational.com.
Brazil’s new President, Dilma Rousseff represents a continuation of Lula’s 8-year government. Under Lula, Brazil continued the orthodox economic policies introduced earlier and made social spending the trademark of the new Brazil. As a result, the economy has gone from strength to strength and Brazilian investments are at their highest level ever.
Dilma is anxious to reassure the financial markets and investors in Brazil that they can expect more of the same from her government. She has already pledged to continue Lula’s economic policies. These have brought steady growth to Brazil whose annual GDP growth is forecast to average between 4% and 5% between 2011 and 2013, record employment levels and above all, unprecedented social changes.
Conscious that Brazil’s booming middle classes are key to progress, Dilma has also promised to continue big social spending. This is excellent news for opportunities for investment in Brazil since the new upwardly aspiring middle classes represent a niche investment area.
One of Dilma’s priorities is increasing the Brazilian minimum wage and she says she plans to study ways of raising the minimum wage by 20% next year. This increase would boost still further the new middle class wealth and by extension, the associated investments.
Brazil’s next cabinet is still a mystery and Dilma has yet to unveil her ministers’ names. There’s pressure from the business community to keep Henrique Meirelles as head of Brazil’s Central Bank. The Central Bank has played a key role in marking Brazil’s economic path and is seen as a model of banking practice.
Dilma’s main challenge as new President is to continue transforming Brazil into a developed nation. Infrastructure investment in Brazil’s forthcoming sporting celebrations is a priority as is reining in public spending. Since her election, Dilma has proved to be determined to take Brazil to greater things. “I will be the one who guarantees the country’s economic stability,” she said.
Dilma faces the risk of being overshadowed by her predecessor and mentor, Lula – his future role in Brazil after handing over power in January is unclear – but her first steps show she already has a good idea of the path she would like Brazil to follow.
This path is one of continuity and, if her policies are successful, more improvements. For Obelisk, this message is good news for Brazil investment – not only can we expect more of the same excellent potential but we will see more opportunities for high returns.
Contact Obelisk International on 0034 952 820 319. Via email: info@obeliskinternational.com or visit our website: www.obeliskinternational.com.
Labels: Brazil, Brazil property investment, Brazilian middle classes, Brazilian real estate, investment in Brazil, MCMV, middle classes in Brazil, Minha Casa Minha Vida
posted by Alison Kane at 5:11 pm
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