Is Brazil a safe country for investments?

AutorAlexandre Pontieri
CargoAdvogado em São Paulo/SP e Brasília/DF; Pós-Graduado em Direito Tributário pelo CPPG - Centro de Pesquisas e Pós-Graduação da UniFMU, em São Paulo; Pós-Graduado em Direito Penal pela ESMP-SP - Escola Superior do Ministério Público do Estado de São Paulo

Of course that, as brazilians, we tend to defend our country, but regardless of the love we feel for our nation, the information divulged by diverse informative organs show that the answer to this question is positive: yes, Brazil is a safe country for investments.

It must be stated, for instance, that recently Brazil has become a world reference in economical and development factors, receiving, the coveted investment grade under the classification of the rigorous risk classification agency Standard and Poor’s. In other words, Brazil has reached a maximum level in the investment area, becoming a safe country for investors, as we can understand, from the reading of the piece of news below:

“Brazil joins the club of the most respected countries”, says Mantega.

“BRASILIA – The Finance Minister, Guido Mantega, affirmed that the arrival of the investment grade under the classification of Standards and Poor’s places Brazil in the club of the most serious and respected countries and shows that Brazil is a solid and attractive economy for investors. He pointed out that the investment grade becomes more important due to the fact that it has been granted in the midst an international crisis.”

According to the Minister, this acknowledgement came from the stronger growth of the economy, which expands above 5% and the solid foundations, once the country has managed to keep the balance in the public accounts. He highlighted the result of the public accounts, which showed nominal surplus in the first trimester. Mantega congratulated “the Brazilian people and the governments” for the grade achievement.

The decision outshone the United States Court decision of interest rate cut for the domestic financial market. The stock exchange in São Paulo (Bovespa) rose up after the news, rapidly recovering 65 thousand points and already operating with 66 thousand points. The dollar rate and interest went faced a drastic fall.

Among other things, the S&P elevated Brazil’s rating for “BBB” (investment grade), elevated the debt/foreign currency rating from “BB +” to “BBB” the long-term debt in local currency from BBB to BBB+; and maintained Brazil’s long-term rating perspectives as stable.”

http://www.estadao.com.br/economia/not_eco165546,0.htm

And more: currently, Brazil is part of a selective group of countries that have been standing out in the world economical scenery, dominated by market economists and specialists such as BRICs[1]

...

Para continuar a ler

PEÇA SUA AVALIAÇÃO

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT