Brazil is sixth investment destination
O Estado de S. Paulo
The volume of investments received by Brazil in 2010 puts the country in the sixth main destination of resources in the world in the year - its best position in the ranking - and it also features the highest growth rate among the largest economies. The data are of the UN, which admits to being surprised by the more than US$ 48 billion registered by Brazil in productive investments in the year. With the registered volume, nearly twice that of 2009, the Brazilian economy overcame traditional economies such as the United Kingdom, Japan, Italy, Germany and Holland as a destination for foreign investments.
The Brazilian expansion was above the 9.7% of growth of the emerging countries. In China, growth achieved only 6.3%. The contrast with the rich countries is even clearer. Investments in the world were stagnant in 2010, amounting to only 0.7% more than in 2009, the year of the crisis. Last year, the global investments amounted to US$ 1.12 trillion, compared to the US$ 1.11 trillion in 2009. The rich economies registered a 7% fall in the flow of investments in 2010. Europe registered a decline of 22% in the investments received compared to reduction of 83% in Japan. Ireland suffered a 66% fall in the flow of investments, compared to 20% in Denmark, 55% in Luxembourg, and a 38% fall in Greece.
On statements to "O Estado de São Paulo", the UN economist James Zhan admitted the performance of Brazil is "staggering" and the search for access to the consumer market and market of raw materials is what led to the growth of investments. "Such growth is unique in the world today". The assessment published only last week by UN indicated the investments would not exceed US$ 30 billion in Brazil, based on projections. But only in December, US$ 15 billion flowed into the national economy. With the growth, Brazil also registered the greatest percent growth, doubling the amount of resources in one year.
In 2009, Brazil ranked 13th among the main destinations, behind Russia, India, Singapore and other emerging economies. The leadership is the USA, receiving US$ 186.1 billion in investments last year. In second comes China, with US$ 101 million in investments. In third appears Hong Kong with US$ 62 billion. France is fourth, with US$ 57 billion received; and in fifth, Belgium, with US$ 50.5 billion. The United Kingdom, with US$ 46 billion, was overcome by Brazil.
The UN had already confirmed a profound transformation in the global economy. For the first time in history, the emerging countries received over investments than the rich, which are still going through the uncertainties of the recovery because of the high unemployment rates and turbulences in the financial market. Together, the emerging countries received, in 2010, more than 53% of everything that was invested in the world and had a 10% growth.