Word: brazile
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Dates: during 2000-2009
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...console themselves that - in the eyes of public opinion, at least - they did the right thing by withdrawing the South African case. But they clearly have cause for concern in the precedent they've established, particularly in light of the forthcoming case being brought by the U.S. against Brazil at the World Trade Organization. Brazil may be substantially wealthier than South Africa, but it, too, has millions of people living in poverty, and the supply of locally manufactured generic AIDS drugs has cut deaths from the disease by half over the past four years. The South Africa decision will raise...
...vulnerabilities are more apparent than ever: wildly uneven income distribution in Latin America; a dramatic financial crisis in Argentina; rising levels of crime and pollution; deterioration of such institutions as public education and health in many nations. No agreement is possible without a meeting of the minds between Brazil and the U.S., and that did not seem probable on the eve of the Quebec City summit. Even if that sea change came about, the process of negotiating the deal is one of the most challenging in modern history. In short, the odds on building a new trade framework before...
...important to build a momentum to move ahead," Courtis said, "because if you don't, we risk losing a lot of what we spent 20 years building. We're in a new game, and basically that new game can be played only if Brazil and the U.S. join and drive this process." If they do, and the FTAA is realized, Courtis said, it would lead to a substantial increase in investment in Latin America, higher growth, lower inflation and, over time, much better fiscal positions for the whole region. "It creates a self-reinforcing dynamic on the upside...
...That too, however, required political will. On that topic, the most skeptical panelist was the dean of U.S. economic experts on Brazil, Albert Fishlow, senior economist at the investment firm Violy, Byorum & Partners and head of the Center for the Study of Brazil at Columbia University in New York City. While Brazil has committed itself to the FTAA process, he said, there are few grounds for assuming that the country will be interested in speeding up the trade negotiations. Brazil is scheduled to preside with the U.S. over FTAA trade meetings in 2003 and 2004, so Brazilian officials...
...Mexico, the U.S. partners in the North American Free Trade Agreement, but they are still evident. In South America, Argentina has been engulfed by a paralyzing financial crisis that threatens the cohesion and possibly the fate of the Southern Cone trading bloc known as Mercosur (which also includes Brazil, Paraguay and Uruguay...