Word: brazile
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...things have changed - greatly. Economies in countries such as Brazil and India have become more robust, more diversified and consequently less vulnerable to economic downturns in the U.S. and Europe. Many companies in developing countries are today better capitalized and better managed than they were 10 years ago, helping to justify valuations that are more on par with companies in developed countries. In fact, some emerging-market sectors look very cheap. Manufacturers of technology products, such as computers, are trading at an average discount of almost 20% to their industrial-country peers, even though they enjoy significantly higher earnings growth...
Visiting Professor of History Kenneth R. Maxwell, director of Brazil Studies, cited the specific focus on Brazil as one of the most unconventional aspects of the program...
...Latin American Studies is generally marginalized at most universities, and Brazil tends to be marginalized even within those programs,” Maxwell said, referring to the fact that most students who study Latin America gain proficiency in Spanish but not Portuguese...
Because the program has already functioned for a year—the Brazil Studies Program was launched in May 2006 through the David Rockefeller Center for Latin American Studies, and the São Paulo office opened in July of 2006—Maxwell said that distributing the funds will not pose a major challenge...
CORRECTION: Due to an editing error, the original sub-headline for the Oct. 15 news article "Brazil Studies Program Endowed" incorrectly stated that Harvard's Brazil Studies program is 61 years old. In fact, the program is only one year old. The online version has been corrected...