aw. RE: The Nobel Prize for War 2009 goes to ...

[Joe Allonby]

How big is the impact on the Brazillian economy of remittances from
Brazillians working in the US?

On Thu, Dec 3, 2009 at 8:20 PM, alice wellintown
<alicewellintown at gmail.com> wrote:
> Lula has done some good work.
> In the Economist:
> The gloves go on
> Nov 26th 2009
> From The Economist print edition
>
> Lessons from Brazil, China and India
>
>
> As Mr Ravallion points out, these figures do not mirror growth rates.
> Brazil cut poverty by more than India despite much lower growth, just
> over 1% a year in 1993-2005, compared with India’s 5%. If you
> calculate the rate of poverty reduction for each unit of GDP growth
> per person, Brazil did even better than China: the ratio is 4.3 for
> Brazil, 0.8 for China and 0.4 for India (0.8 if you use the adjusted
> consumption figures). Per unit of growth, Brazil reduced its
> proportional poverty rate five times more than China or India did.
>
> How did it do so well? The main explanation has to do with inequality.
> This (as measured by the Gini index, also marked on the chart) has
> fallen sharply in Brazil since 1993, while it has soared in China and
> risen in India. Greater inequality dampens the poverty-reducing effect
> of growth.
>
> Government policy played a big role in reducing inequality. Brazil’s
> main cash-transfer programme, called Bolsa Familia, provides help to
> 11m families, or 60% of all those in the poorest tenth. In contrast,
> social security in China is still provided largely through the
> enterprise system (ie, companies), so it tends to bypass those not in
> work. And government interventions in India are extraordinarily
> perverse. People in the poorest fifth are the least likely to have any
> kind of ration card (the key to public handouts), whereas the richest
> fifth are the most likely to.
>
>
>
> On Thu, Dec 3, 2009 at 5:25 PM, Thomas Eckhardt
> <thomas.eckhardt at uni-bonn.de> wrote:
>> "There, then, he sat, holding up that imbecile candle in the heart of that
>> almighty forlornness. There, then, he sat, the sign and symbol of a man
>> without faith, hopelessly holding up hope in the midst of despair."
>>
>> I don't know whether I would have voted for Obama. Probably yes. It would
>> have felt like Queequeg holding that imbecile candle. Queequeg's point of
>> view is vindicated in the course of the novel. Which, of course, is fiction.
>>
>> Thomas
>>
>> P.S. I don't know much about Lula. In every other respect, I agree.
>>
>> alice wellintown schrieb:
>>
>>> I am a litttle surprized that readers of Pynchon would have invested
>>> any faith in the Democrat Establishment. It's kinda silly to expect
>>> that the Democrats will end the killing. These are not wars. They are
>>> murder for money and power. We should not call them wars on anything
>>> or anybody. The US is not at War or making War on a nation or an idea,
>>> but merely killing lots of people ands wasting the world's resources
>>> and compounding problems and conflicts. Talk. Negotiate. This was the
>>> hope this president seemed to hold up; the Nobel people gave him a
>>> push and he fell down. The real Nobel Hero here is Lula.
>>>
>>
>>
>>
>