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In this exclusive interview, we speak to Celso Amorim (Foreign Minister of Brazil from 2003-2011, and current Minister of Defence), a man who has been described as having "...masterminded a transformation of…
As we sit here today, London remains in the grip of escalating riots, violence and disruption as young people have taken to the streets across the city looting stores, torching vehicles, engaging…
Guest article written for AllAboutAlpha.com – the official publication of the Chartered Alternative Investment Analyst (CAIA) Association originally posted at: http://allaboutalpha.com/blog/2011/09/15/alpha-hunter-jim-oneill-gsams-man-of-brics/ With over US$714 billion under management, Goldman Sachs Asset Management (GSAM)…
From the archive
Globalisation is here to stay. You cannot, however, look at it as a natural phenomenon on which you have no influence- it's not like a typhoon or a cyclone. It's a process- and a process on which you can have influence.
— Celso AmorimBrazilian Diplomat & Foreign Minister under Lula's Presidency
If you see less poor people in the streets, and abandoned children, it makes you feel better- and that helps us to build a more independent attitude in foreign policy. That, again, has feedback in Brazil- making people more confident feeling that we don't always have to say yes to whatever is presented.
— Celso AmorimBrazilian Diplomat & Foreign Minister under Lula's Presidency
It is this sense of democracy which empowers us, the people of Brazil, to elect someone like Lula who- in turn- uses that same democratic power to pursue policies to successfully combat inequality. This then reflects on the psychology of the people of our nation.
— Celso AmorimBrazilian Diplomat & Foreign Minister under Lula's Presidency
In the case of Brazil, one of the most important things is the huge ethnic and cultural mixture which makes us a country with dynamism, vibrancy, and the ability to understand the psychology of other nations. We have problems, of course, but this is one of our huge strengths, and a huge foreign policy asset.
— Celso AmorimBrazilian Diplomat & Foreign Minister under Lula's Presidency
One thing that really helped us was NOT following the IMF prescription, and hence I think the fact that we insisted on having growth (alongside stability) was something that made for a big change in Brazil.
— Celso AmorimBrazilian Diplomat & Foreign Minister under Lula's Presidency
You have to understand, for instance, that in my lifetime until I was fifty or so- I had not witnessed any period without inflation of twenty or thirty percent, and sometimes one hundred percent.
— Celso AmorimBrazilian Diplomat & Foreign Minister under Lula's Presidency
In the case of Brazil, one of the most important things is the huge ethnic and cultural mixture which makes us a country with dynamism, vibrancy, and the ability to understand the psychology of other nations.
— Celso AmorimBrazilian Diplomat & Foreign Minister under Lula's Presidency
First and foremost was the consolidation of democracy. Second was the stabilisation of the economy. Thirdly- and probably most importantly- was the ability of Brazil to deal with a problem we inherited from colonial times- inequality.
— Celso AmorimBrazilian Diplomat & Foreign Minister under Lula's Presidency
One thing that really helped us was NOT following the IMF prescription, and hence I think the fact that we insisted on having growth (alongside stability) was something that made for a big change in Brazil.
— Celso AmorimBrazilian Diplomat & Foreign Minister under Lula's Presidency
Probably most importantly was the ability of Brazil to deal with a problem we inherited from colonial times- inequality.
— Celso AmorimBrazilian Diplomat & Foreign Minister under Lula's Presidency
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