Sunday, October 4, 2020

10th Anniversary of this Blog - Part II

          Last weekend I wrote about why I began this blog and why I became an activist for better education. I hope at this moment in history everybody has realized how important education is to personal growth and a country development. In this second part of the celebration for the tenth year of this blog I'll write about another important issue I have been writing. As many of you know I studied Economics during two years in the UFJF during my early twenties, altough I didn't graduate because I worked too much, generally during the 1990s I worked six AM to eleven PM, seven days a week. I learned a lot. And then I felt that was important to explain some economical issues to the people. For example, when compare GDP growth among countries, you need to look among countries with the same stage of development. For example, for a developed country to grow 4% in a year, it is a big thing, but this rate of growth is not big thing for a developing country, and much less for a underdeveloped country. It is happens because of the saturation point in every market in the developed country. For example, in the developed countries there is not much to do in the infrastructure market. Speaking of GDP growth, since the first year I have been publishing the GDP growth of Brazil and many other countries. And what can we realize from this? Comparing the Latin America countries, since 2011. You can see the GDP growth of 2011 here http://thepeopleteacher.blogspot.com/2012/05/vol-teac-xxi-real-gdp-growth-in-2011.html you will realize that unfortunately Brazil remains among the countries with the smallest GDP growth in Latin America. The huge potential of Brazil to become a prosperous country is being lost, that why the economists are saying that this decade 2011-2020 is a lost decade. This will be the second lost decade in my life, the first was the 1980s. Why is Brazil failing to us Brazilians economically? Why can Brazil not reach its potential? In this election, ask the candidates what they are doing for better education and to bring development to our cities. So besides being an activist for better education I have been an activist for development and development is reached through GDP growth. In the beginning of this decade, the GDP growth in Latin America was already a concern of many economists, as you can read in this link http://thepeopleteacher.blogspot.com/2013/10/lx-after-golden-decade-can-latin.html but even in the previous decade, 2001 - 2010 called by many economists as Golden Decade, Brazil had on average a GDP growth a little more than of the GDP growth of the world.

No comments:

Post a Comment