Resources
Brazil

Inside this issue
• Economic stability is not the same as sustainable growth
• Growing abroad has become essential to multinationals’ corporate strategy, while foreign advertising agencies have become eager to establish a presence - -
Content
Much still to do for the president-elect
John Paul Rathbone says one of Dilma Rousseff’s biggest tasks is to turn the country into a developed nation
Consumer credit: Banks prosper from sharp rise in consumption
Vincent Bevins and Andrew Downie say paying for goods in instalments is a widespread practice
China and Brazil: A one-stop shop for food and industrial commodities
Balancing relations with the east and the west will be a big challenge, notes Jonathan Wheatley
Economics: Stability is not the same as durable growth
With bank lending growing at 20% a year, a consumption boom is cause for concern. John Paul Rathbone reports
Globalisation: Companies must expand to prosper
Jonathan Wheatley says growing abroad has become an essential part of corporate strategy
Foreign policy: Big ambitions
Foreign policy has acquired a new importance in Brazilian political life, writes John Paul Rathbone
Capital markets: Caution and tough regulation are all-weather assets
The São Paulo exchange is now the second-largest in the world by market capitalisation, says Vincent Bevins
Oil: Dominance of Petrobras may slow development
Jonathan Wheatley on the effects of the involvement of an enormous state company in the sector
Guest column: Governance must reflect global reality
A profound adjustment is needed in world governance, writes Celso Amorim
Retailing: Slow-floating consumer goods arrive
Dom Phillips and John Paul Rathbone on novel ways to reach lower income customers

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