Marcio Alaor Investigates Australia’s Unlikely Economic Growth.

January 20th, 2016

In countries like Brazil, the global economic recession of 2008 gives fresh memories to economists and the government alike. Economists and investors still maintain a keen eye on developments across the globe and even locally.

 

One of these experts is Marcio de Araujo Alaor, the executive vice-president of Banco BMG in Brazil. Being a leader in the organization, Marcio plays a huge role in the strategic direction of organization policy. He is the man who keeps tabs on trending topics on the economic fronts. Marcio is an expert in matters of investment as seen through his mentorship programs.

 

His success and rise to the top inspire the people of San Antonio do Monte area where he overcame poverty and became a prominent man in his society. Recently, Marcio investigated the economic resilience of the Australian economy that exhibited the ability to overcome market volatilities.

 

Astonishingly, the Australian economy has never experienced recession since the turn of the 90’s decade. At this time, the country started implementing policies to curb inflation and maintain growth interest rates. In his findings, Marcio found this economy to be an isolated case of success in a time when almost every global economy is struggling to overcome the crisis of 2008. In the third quarter of 2015, Australia recorded a Gross Domestic product growth of 2.5%, a very impressive figure.

 

Marcio Alaor probed into the robust economic systems in Australia. He unearthed 25 years of economic stability supported by favorable trade and government controls. The favorable trade aspect comes from Australia’s substantial agricultural production coupled with the prevalence of minerals such as Aluminum and Iron. These goods find ready markets in the demanding Chinese economy. Marcio observes that the emergence of the Chinese superpower economy creates an enormous demand for Australian exports.

 

The same scenario appears in Brazil, a country that produces commercial agricultural exports and minerals whose demand in China soars up every year. Even when financial markets suffer losses, the sheer need for these exports makes Australia stable. The government controls in the country revolve around creating austerity measures to protect small business establishments as well as construction and related industries that create massive employment opportunities.

 

Employment plays a huge role in increasing GDP. The Agricultural sector in Australia employs millions of people. Such measures explain the reason Australia has maintained a steady growth rate of 2% over the past two decades. Marcio also revealed that the revolutionary inputs of the local finance secretary could not go without notice. Mr. Wayne Swan has been an investment friendly executive with a passion for control and recognition of the private sector. Marcio Alaor hopes Brazil can make such concerted effort to shield itself from economic vulnerability.

You can like him on Facebook.

Leave a Reply

You must be logged in to post a comment.