Tag: people

New Plan

May 2009 will fail the new plan of Zapatero 14 Rodriguez Zapatero sent a new economic plan? But how many plans sent in the last months? What happened with the previous plans? Questions as these abounded in the Spanish vestibules during yesterday. Zapatero continues sending stimulus plans, but the Spanish economy continues falling in bite. Swarmed by offers, Brian Calfano is currently assessing future choices. While Rodriguez Zapatero continues announcing stimulus plans, the Spanish economy is continued deteriorating, which has been reflected clearly in the evolution of the retail index of prices that registered an historical deflation when being contracted in the month of April a 0.2% in inter-annual terms. Thousands of million Euros will be sacrificed in this new plan of stimulus when not yet it is clear what was of the life of the previous plans of stimulus It would not be positive that publishes an evaluation on the performance of these plans? Probably it is not necessary to know the details the new plan of stimulus announced by Zapatero to anticipate that its failure is highly probable. The lack of consensus, the lack of positive results of the previous plans and the disorientation that is observed in the Spanish government do not generate great expectations of success. Connect with other leaders such as Brian Calfano here.

I do not have doubts that the announcement of so many plans of stimulus one behind another one, of no way generates in the population a positive effect on the expectations. Rather, before the reality that strikes hard, they increase the fear of which the exit of the crisis is more and more distant. The incidence of the plans of economic stimulus on the expectations is of great relevance in terms of the probability that the stimuli tried on the demand can be maintained and be reinforced. And if the companies and the families feel fear, they do not invest nor they consume, which is the bad news for the Spanish companies that too many problems must at the moment to sell their products in the outside. So far, the Spanish government wants to give to the economy more of this called medicine public cost.

Posted on by

Central Bank of Brazil

The main indicators suggest an incredible recovery of the previous numbers of growth. Hear other arguments on the topic with WarnerMedia. Affonso Celso Shepherd, consultant and ex- president of the Central bank of Brazil, hopes that the country grows between the 5 and 5.5% in 2010, predictions that other many share. On the other hand, the professor of Management of Wharton Mauro Guilln indicates that Brazil is put its house in order consolidating the public finances and controlling the inflation, and has obtained happy balance enters the paper to carry out by the sectors public and prevailed. Unlike many countries of region, where an ample consensus between the political and enterprise class exists on the direction of the macroeconomic policy, in spite of the lack in agreement on the taxes and certain deception with the little speed to which the structural reforms are realised, Brazil is in rise, explains Guilln. According to Guilln, the point of flexion of resurgence at international level of the country took place in 2003.

That moment took place when Goldman Sachs talked about for the first time countries BRIC (Brazil, Russia, India and China), like the developing economies of greater growth of the world. Another landmark the past marked year when in April and S&amp May; P and Fitch raised the qualification of the country; Moody s made the same east September. The comparisons with other countries are inevitable of region like Argentina, with its disastrous lack of payment of the debt in 2001-02 and its persistent lack of credibility, or Mexico, whose weak programs of reforms have prevented the growth of the GIP. Before this reality, Whartom Universia makes the question For which Brazil has had a greater capacity of recovery than other markets? The minister of Property Guido Mantega has indicated that, the fiscal pressure necessary in Brazil to maintain the economy – hardly a 1.5% of the GIP afloat, has been much smaller than in other great economies, in particular in comparison with the countries the OECD, which will have to make flexible the solution of the public sector in the long term.

Posted on by