Economic Growth in Brazil Since 1980


by CEPR on Oct 24, 2014 | Views: 95 | Score: 1
Sources: cepr.net
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CEPR
CEPR on Oct 24, 2014 3:50 PM said:

GDP per person (adjusted for inflation) in Brazil grew at a rate of 2.5 percent annually from 2003-2014, more than three times faster than the 0.8 percent annual growth of the prior government (1995-2002). This growth rate was achieved in spite of the 2008-09 global financial crisis, which pushed Brazil into recession in 2009; and this comparison includes the slowdown of the past few years as well.