Brazil References ECON 361

Brazil References ECON 361 - Economic Development in Latin...

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General Model for Citing Web Sources in Chicago Style Footnote or Endnote (N): 1. Firstname Lastname, “Title of Web Page,” P ublishing Organization or Name of Web Site in Italics , publication date and/or access date if available, URL. Corresponding Bibliographical Entry (B): Lastname, Firstname. “Title of Web Page.” Publishing Organization or Name of Web Site in Italics . Publication date and/or access date if available. URL. ____________ General Model for Citing Books in the Chicago Notes and Bibliography System Footnote or Endnote (N): 1. Firstname Lastname, Title of Book (Place of publication: Publisher, Year of publication), page number. Corresponding Bibliographical Entry (B): Lastname, Firstname. Title of Book . Place of publication: Publisher, Year of publication. ______________ 3. Brazil: The Economist 8/26 Brazil Grain Exporter http :// www . economist . com / node /16886442? story _ id =16886442 _________ 4. IMF REVISES GROWTH FORECAST FOR BRAZIL Anonymous . Info - Prod Research ( Middle East ) . Ramat-Gan: Oct 7, 2010 . Abstract (Summary) According to ANBA: Once again, the International Monetary Fund (IMF) has revised its growth forecast for the Brazilian economy upwards, and mentioned the possibility of overheating. The World Economic Outlook report, disclosed today (6th), indicates that the Brazilian Gross Domestic Product (GDP) will grow by 7.5% in 2010 a rate 0.4% higher than that of the previous projection, made in July. The information was supplied by news agency BBC Brazil. The fund's forecast is similar to market projections. The latest Focus bulletin (a survey disclosed weekly by the Central Bank based on market consultations), published yesterday (5th), forecasted that the country's GDP would grow by 7.55%. The estimate is slightly higher the Central Bank's, whose forecast is 7.3%. The growth projected for Brazil in 2010 is higher than the world average (4.8%) and the average for Latin America (5.7%). According to the IMF, economic growth in Latin America is being driven by improving macroeconomic policies in the region's countries over the last two decades. Other factors, such as the high price of commodities (which comprise the foundation of many of these countries' exports), have also impacted on economic growth.
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According to the IMF, Latin America is leaving the crisis behind faster than expected and the recovery is being led by Brazil, whose economy "is now showing signs of overheating," according to the report. The danger of overheating (economic growth exceeding the capacity of a given country) has been mentioned in two previous reports. In April, the IMF forecasted growth of 5.5% in 2010 and warned of "the risk of overheating in countries such as Brazil." In July, the IMF report did not specifically allude to Brazil, but once again it touched on the possibility of overheating while mentioning the threats posed by fiscal adjustment measures in advanced economies. According to the report, the risk of overheating in Latin American
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This note was uploaded on 01/24/2011 for the course ECON 361 taught by Professor Meyer during the Fall '10 term at George Mason.

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Brazil References ECON 361 - Economic Development in Latin...

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