Word: getulio
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Dates: during 2000-2009
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...weak infrastructure and especially pension reform. Incredibly, Brazilian pensioners receive more money as a share of GDP than the rest of the population of 188 million, sucking investment from badly neglected areas like education. Says Renato Fragelli, director of the Graduate School of Economics at the Fundação Getulio Vargas think tank in Rio de Janeiro: "The time to fix a roof is when the sun shines--but when the sun shines, Brazilians go to the beach...
...flow of believers out of the Catholic Church is great news for the new Pontiff - and an unexpected one, given that the decline has been going on since records began in 1872. "The surprise is the stabilization of the number of Catholics," said Marcelo Neri, an economist at the Getulio Vargas Foundation, a top Rio business school who helped author a study based on the government data. "Catholics haven't attracted more faithful, but they are no longer losing their flock...