Record Details

Domestic market: set to soar

The Brazilian Economy

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Title Domestic market: set to soar
 
Creator Monteiro, Solange
 
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.
 
Publisher The Brazilian Economy
The Brazilian Economy
 
Contributor
 
Date 2010-01-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://bibliotecadigital.fgv.br/ojs/index.php/be/article/view/23524
 
Source The Brazilian Economy; v. 2, n. 12 (2010); 19-25
The Brazilian Economy; v. 2, n. 12 (2010); 19-25
 
Language por
 
Relation http://bibliotecadigital.fgv.br/ojs/index.php/be/article/view/23524/22282