Productivity Growth in Brazil

Carlos Pereira of the Brookings Institution (link) has reviewed the dismal productivity growth and the consequent macroeconomic indicators in Brazil in the last decade.

“Although there are several expenditures in this category, the one that stands out high above all others is outlays for social security and pensions. Practically one-third of the federal budget . . . → Read More: Productivity Growth in Brazil

The Global Economy – Old Maids Who Won’t Play Anymore

The financial and economic discourse is a funny beast really; it can, if harnessed properly, shed light on future investor and market performance, it can give a diversified and detailed picture of any given economic or financial topic, and it is a place where stories, no matter how counterintuitive and misplaced, can linger . . . → Read More: The Global Economy – Old Maids Who Won’t Play Anymore

Economic Events on September 8, 2010

The Mortgage Bankers’ Association purchase index was released at 7:00 AM EDT, and there was a week to week increase of 6.3% in the Purchase Index and a week to week decrease of 3.1% in the Refinance Index, putting the purchase applications at their highest level since May.

At 7:45 AM EDT, the weekly . . . → Read More: Economic Events on September 8, 2010