Brazil, Latin American economy |

In the 70s and Brazil, lived the illusion of a prosperous economy. Through an industry paid credit grew by international creditors. Credits should someday return. In the 80’s bubble burst and gradually the country threatened to go bankrupt. Under the guise of a great savior, the International Monetary Fund and the World Bank provided two loans to www.brasil.es / and other Latin American economies. These credit lines became public debt about exorbitant interest, gradually fattened for market speculation. Under these conditions the debt did not disappear but was postponed and was growing.

“In this period Brazil stopped growing and became an example of social inequality.” Negative figures remained in Brazil for two decades, returning to the bump in the crisis of the Asian Tigers just 10 years later. The weakening of these economies led to the decline of external resources to finance the country’s deficit. We used about 10,000 million dollars to finance the economy and harsh measures were adopted monetary policy. Again he turned to ask for money to the IMF and World Bank.

Currently Brazil, with its policy of encouraging its citizens and great support to its market, is now a wealthy country with a future. Even export brands like the world famous music festival “Rock in Rio”, which since its first edition in 2008, has brought prosperity to Spain.

Also Brazil was reduced by more than 70% of its population malnutrition through policies promoting family farming, food distribution to the lower classes and programs to help breastfeeding. They established schools, universities and above all, created jobs and repaid the loan with interest.