Economies Are Stagnant or Declining in 70% of 5,700 Brazilian Cities

Of the total of 5,700 municipalities in Brazil, around 4 thousand have economies that are stagnating or declining, approximately 800 have sustained balanced growth, and only 200 (capitals, beach resorts, and industrial zones) have experienced much faster economic growth than the rest.

These numbers are drawn from a study that the National Economic and Social Development Bank (BNDES) has been conducting since the beginning of the year, in partnership with the Espí­rito Santo State Development Bank (Bandes), to identify the need for investments in cities.

The data were presented Thursday, October 13, at the first seminar of the Quality Cities ("Qualicidades") project, which studies ways to stimulate the development of Brazilian cities.

The director of Planning at the BNDES, Antônio Barros de Castro, said that the study, which should be completed by July, 2006, focuses on approaches to meet the urban crisis and compares successful and unsuccessful experiences in various cities. According to Barros de Castro, the analysis will serve to guide the bank in its investments.

The coordinator of the Quality Cities project, Luiz Paulo Vellozo Lucas, is in favor of cities’ having more autonomy to decide the best path for their development. He emphasized that cities with the highest rates of economic development are also the ones that face the most serious urban problems, such as slum formation, violence, and environment imbalance. For these cities, he explained, government policies and investments in housing, public safety, and basic sanitation are required.

"On the other hand, for the cities with stagnant economies, the majority of which depend upon family farming, what is needed are credit programs for irrigation and the purchase of agricultural machinery and equipment to warehouse and market what they produce," Lucas went on to say.

Agência Brasil

Tags:

  • Show Comments (2)

  • Guest

    Welll…..
    …if you have booming retail sales but stagnant economy…one of the two statements are incorrect.

  • Guest

    ??????
    …so how do you explain today statistics that
    say your retail sales incresed 6.5 % in August…the fastest pace since 8 months ??????

    Curious article…once more….. not describing the reality !!!!

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazilian Industry Grows But Timidly

Industrial production in São Paulo rose 2.95% in May, compared to April. It was ...

Lula Says There Will Be No Coverup of Corruption in Brazil

Brazilian President Luiz Inácio Lula da Silva, speaking at the IV Global Forum on ...

New WTO Rules Mean More Brazil Fruit Juices Overseas

This week, the Codex Alimentarius, an international forum, which deals with food quality and ...

Great Expectations for Chinese President Visit to Brazil

Closer ties between Brazil and China will be one of the results of the ...

In Beijing, Brazilian Vice President Urges Reforms in Brazil

On the fourth day of his official visit to China, Brazilian Vice President José ...

Herbie Mann: Brazil Was Home Too

Herbie Mann became one of the first American jazz artists to record bossa nova. ...

French Evialis Takes Over Brazil’s Operations of US Cargill

French group Evialis announced that it has closed negotiations to buy Brazil's Cargill Nutrição ...

Brazil’s Zero Hunger Offers 39-cent Meals

Brazil’s Minister of Social Development and Hunger Alleviation, Patrus Ananias, announced April 19 that ...

Brazil Reminds Chavez of Need for Freedom of Expression and Independent Justice

While saying it is a “good friend” of Venezuela and his president, Hugo Chavez, ...

Brazil: For Some, Slavery Is the Only Option

It is estimated that between 25 and 40 thousand workers live under slave-like conditions ...