In spite of global financial crisis, Brazilian GNP may growth a bit more than 5% this year, say economists
Brazilian economy will grow between 4,5 and 5% this year in spite of the US credit crisis impact still on the financial level, according to economist Alexandre Shwartsman, talking to journalist Miriam Leitao on GloboNews TV.
Former president of Brazil´s Central Bank Affonso Celso Pastore expects a little bit more than 5% for GNP this year.
These real-time expectations, by two of the most respected economists in Sao Paulo financial market, are to be taken serious.
Lula´s administration is already doing that : off the record, Workers Party (PT) heads dreams about going up from this year 5% to some 5,5 or 6% next (local elections) year, followed by 6 or 6,5% in 2009 and - what a wonderful world! - something like GNP growing the magic, long talked about, the percentage of 7% a year.
Wouldn´t it help people become happier on general elections in October 2010?
For now, it would be enough to assure PT a sort of third term in the Presidency, allied with newly appointed minister of Defense Nelson Jobim´s Democratic Brazilian Movement Party (PMDB).
Experienced politician, known nationaly since played key role as head of House of Representative´s Justice and Constitution Committee in 1992, Jobim became president of Supreme Court and now, as Defense minister, is doing a good job in these first days to fight the air crisis in Brazilian airports, companies and traffic control under the military.
Keeps he on doing it - and global financial crisis really behaves like economists want it to, without so much impact on emergent economies like Brazil - Lula will have a good night sleep in spite of the possibility of another atipical markets movements from now on.
Tokyo market has just started the da. Let´s keep an eye on it.
