15.5.06

Bem prega Frei Chavez

The global economy is on a growth streak that is shaping up to be the broadest and strongest expansion in more than three decades.(...)
Of 60 nations tracked by investment firm Bridgewater Associates, not one is in recession — the first time that has been true since 1969.(...)
The trend is being driven by free trade, which has created millions of jobs in emerging nations in recent years, fueling stunning new wealth in those countries.(...)
The simplest yardstick of economic success is a country's growth in real gross domestic product, or how fast its total output of goods and services is rising after inflation. For the developing world, that growth is expected to be 6.9% this year — more than double the 3% pace of the developed world, according to the International Monetary Fund.
By contrast, in 1999, emerging economies grew 3.8%, relatively close to the 3.2% rate of developed nations.(...)
The strength of the emerging economies could mean that this global expansion cycle will last longer than normal, as more people join the ranks of the consumer society. That could be good news for aging industrialized nations as well.