Posted tagged ‘Mercosur’

BRAZIL’S ROUSSEFF IS NEW PREX, KUDOS!

November 19, 2010

Erle Frayne D. Argonza

Good day to you all! Solidarity greetings to all the Brazilians and South Americans!

Another leader of the Workers’ Party of Brazil just won the presidential polls. Lula da Silva’s former presidential aide, Lady Rousseff, is among the leaders of the socialist party in the rapidly surging emerging market, and will sit as the new chief exec soon after garnering the presidency in a closely fought presidential contest.

Already sick and tired of the globalization policies that only mired Brazil in poverty hovels, the voters decided to cast their vote for a second time around now. Not only that, Brazilians are also terribly sick of the militarism that encumbered the country closer to the ambit of the Anglo-American oligarchy and rendering it into a puppet of America amid unlimited tortures and deaths on anti-tyranny detractors.

As the latest electoral exercise had shown, an exercise that is buttressed by the economic surge of Brazil and its ballooning middle class, the route to sustained democracy and economic growth is the most longed for direction for the nation. Militarism is out and any return to worn out dictatorship is getting to be a remote possibility each day.

With the ascent to power of the socialists, the redistributive policies that ambitiously addressed poverty, hunger and unemployment were tried and tested in an erstwhile anti-populist country. A cash transfer program to the poorest of the poor achieved enormous mileage during Lula’s incumbency, a program that directly addressed the social equity problems that plagued Brazil since its independence from Portugal yet.

Globalization hit the underclasses so hard, with hyper-inflation in the 1990s driving prices up so madly that the poor laboring folks just can’t keep up with the spiraling cost of living. A similar incident also brewed so hot in neighboring Argentina, which saw the ascent of the Left there as a popular anti-globalization collective action.

Lula and the Workers’ Party rode abreast the rising tide of anti-globalization sentiments, with Lula ending up as the world’s most popular chief executive. Sweeping social policy reforms were instituted, supported by a dominant constituency. In almost no time at all, poverty and hunger were addressed and largely solved, and many Brazilian poor graduated to middle income status.

Lula thus left his office with a very memorable historic record of seeing Brazilians graduating to middle class due to his stewardship. Brazil has joined the select group of ‘emerging markets’, or those economies with large populations, a significant middle class, and growing at rapid rate.

Rousseff would most likely take Brazil to the next level, which is the institution of regulatory reforms that will bring Brazil closer to a ‘social market’ economy. A hybrid economy it will be, akin to China’s and Vietnam’s respective economies.

Whether Rousseff and aides will go for a full capital & monetary control policy regime remains to be seen though. What is clear, from a fiscal & monetary point of view, is that financial instruments will be further stretched to sustain the social equity efforts achieved by Rousseff’s predecessor.

On the political front, the new chief exec will be steward over a nation that will exert greater sovereignty and sustain the climb to regional power status. On the global political level, Brazil will be among those countries popularly called upon to constitute a new balance of power alongside the nascent Asian giants China and India.

Hopefully, through Rousseff’s auspices, a Brazil-Argentina binary power entity can stir Latin America away from flawed liberalization doctrines & policies towards stronger social policies, economy driven largely by domestic demand (strong middle class), and an independent and non-aligned Latin America that will stay closer with fellow developing countries.

Such a Latin America, to my mind, can move on to sustained high growth rates that will duplicate Asia’s growth patterns. Should Latin America join Asia in creating a broader zone of global growth drivers, the possible plunge of the global economy towards a ‘dark age’ due to the economic fiasco up North will be averted.

Let me extend my own kudos to Madame Rousseff and the voters who brought her to power. Congratulations and goodluck to your incumbency, Lady Rousseff!

[Philippines, 15 November 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,

UNLADTAU: https://unladtau.wordpress.com,

COSMICBUHAY: http://cosmicbuhay.blogspot.com,

BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,

ARGONZAPOEM: http://argonzapoem.blogspot.com]

BRAZIL JETTISONS ECONOMICALLY: KUDOS, SUSTAIN & LEAD!

July 27, 2010

Erle Frayne D. Argonza

Brazil is now clearly leading the growth path of the entire South America, and this is a most welcome news. I am truly impressed by the developments down south that Brazil had led, and so I extend my kudos to the citizens and development stakeholders of Brazil.

Under the able stewardship of the very popular president Lula, the growth policies of the country were strengthened and sustained. The added feature is that, under a socialist regime, Brazil’s social policy had been further stressed and strengthened, with the hopeful gains of growth distributed more equitably to the poor folks of the cities and countrysides.

As we should all realize, South America isn’t exactly following a growth trend akin to East Asia’s. While Asia generally surges upwards, breathing new life to the global economy, that of South America’s could only count on specific countries (not general trend) jettisoning their ways further upwards. Brazil, Argentina, Chile are the most concrete success stories, while Mexico burns in the embers of an anti-drug war (Mexico sputters in its role as a growth driver).

Among all regions down south (America), it seems that the Brazil-Mercosur promises the greatest hope for the continent. It remains to be seen though how far this can be sustained. Contrast this to Asia, where three regions—Northeast Asia (China-Korea), Southeast Asia (ASEAN), and South Asia (India-led)—are acting as a grand chorale that enchants and enthralls the global economy as a whole.

Brazil, as an emerging market, clearly leads the pack in the whole of the continent, and being large enough by itself, it can jettison ahead and be the equivalent of China-India-ASEAN of the south. Its ‘real economy’ is the base of its growth that enables it to veer away from the anarchic and destructive ‘virtual economy’ policies up north (America).

Such an upward surge should move on till the aerospace program of Brazil will clearly be established as solid rock, thus ensuring the country’s entry as a top producer of affordable satellites for diverse end-users. It can go on and establish, in 25 years’ time, active metallurgical R&D in other planets such as Mars and Jupiter that can be alternative sources of metals for our own planet.

Also, Brazil better lead in creating a continental-looping railway that can accelerate development of the other regions, quicken the movement of skilled peoples and information across borders, and magnify continental trade by many folds. Likewise should Brazil lead in cyber-looping the continent with state-of-the-art infotech cables like what the East is now ambitiously embarking on.

Likewise should Brazil lead in massive energy investments, with clean technologies leading the way. Incidentally, biofuels and other clean energies are now surging upwards in the emerging market, with a policy environment in place that qualitatively is as sterling as East Asia’s (the Philippines has one such policy environment now well built up).

On the other hand, Brazil should better go slow in taming the Amazons with massive energy projects that could sadly kill the indigenous cultures that are among the country’s top endowments. Furthermore, in no way should the Amazon jungles’ diverse species be terminated for the sake of producing power, mineral resources, timber, and heavy industries for the country and its trading partners.

The world is watching Brazil mutate into a gigantic pillar of the global economy, we in Asia are surely watching with awe, and such a rise of a giant will ensure that the imperialist power up north will tone down its hegemonic attitudes towards the southern continent in the short run. The USA should better choose the path of cooperation with the south if it desires to remain relevant at all, as its own economy slides down a 3rd world level notwithstanding the continuous ‘virtual economy’ predation of its industries, agriculture, and infrastructures.

Surging upwards under a series of conscienticized and enlightened leaders, Brazil will continue to come on as sweet and enchanting as samba and bossa nova. To celebrate Brazil’s victories, we better chill out with Brazilian music & dance while we relish Brazilian cuisine in a spirit of peace and cooperation worldwide.

[Philippines, 21 July 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,

UNLADTAU: https://unladtau.wordpress.com,

COSMICBUHAY: http://cosmicbuhay.blogspot.com,

BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,

ARGONZAPOEM: http://argonzapoem.blogspot.com]