Home » Europe, Latin America, Major Trends and Insight, Video » Brazil Overtakes UK as 6th Largest World Economy


February 20, 2012

Brazil Overtakes UK as 6th Largest World Economy

Brazil overtook the UK as the world's 6th largest economy in terms of output in 2011. Daniel Tarling-Hunter, economist at Euromonitor International, explains that Brazil has managed to maintain growth during the recession due to a less internationally integrated banking sector. It also maintained growth in export markets, such as China. The UK, on the other hand, saw many failing banks during the financial crisis leading to high debt and low consumer confidence. Tarling-Hunter describes the future prospects for growth in both countries towards 2020.

This video is also available on View our YouTube Channel


« Advancing Health with a Convenient Approach | Main | Greece Receives another Bailout »

Subscribe

 RSS Feed

Receive New Posts via Email:

 

Join us on...

Filter by Category

Filter by Geography

Filter by Industry

Recent Posts

Lo que podemos esperar de la entrada de Amazon a México

Will Graphic Health Warnings on Cigarette Packages Dissuade Lithuanian Smokers?

Global Light Vehicle Sales Forecast to Exceed 100 Million Units in 2019

5 Things to Know about Consumers in Emerging Markets

Major Italian Coffee Players Facing Crossroads

Consumer Expenditure Growth in the Philippines to Accelerate in the Long Term

Singaporean Consumers in 2020: A Look into the Future

Cider/Perry: Adapting, Evolving and Growing

Changing Income and Expenditure of the Global Middle Class since the 2008-2009 Financial Crisis

Contagion Effects of Greek Default Should be Limited