Domestic market: set to soar
The Brazilian Economy
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Title |
Domestic market: set to soar
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Creator |
Monteiro, Solange
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Description |
A new middle class has emerged thanks to government countercyclical policies adopted at the peak of the global financial crisis in late 2008; its continued consumption has helped the country maintain a pace of recovery that has turned Brazil into a global star. Particularly encouraging is that 70% of the new consumption is based on an increase in formal jobs rather than contributions from government programs. The signs of middle class activity in the market are everywhere: more of the middle class now have debit and credit cards; shopping malls are springing up even in rural areas. Solange Monteiro explains what the government must do now to further build up that group, which already represents 46% of purchasing power in Brazil.
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Publisher |
The Brazilian Economy
The Brazilian Economy |
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Contributor |
—
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Date |
2010-01-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://bibliotecadigital.fgv.br/ojs/index.php/be/article/view/23524
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Source |
The Brazilian Economy; v. 2, n. 12 (2010); 19-25
The Brazilian Economy; v. 2, n. 12 (2010); 19-25 |
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Language |
por
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Relation |
http://bibliotecadigital.fgv.br/ojs/index.php/be/article/view/23524/22282
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