For some bizarre reason Brazil is routinely placed on the list of rapidly growing economies, along side China and India. The Washington Post commits this sin in today's paper.
According to the IMF, Brazil's economy grew at 4.1 percent annual rate over the last three years and a 3.8 percent annual rate over the last five years. This is not especially fast for a developing country. By comparison, India's growth has averaged almost 9 percent over the last five years and China's growth has averaged more than 10 percent.
Unlike many news organizations, the Prospect has remained staunchly committed to keeping our journalism free and accessible to all. We believe that independent journalism is crucial for a functioning democracy—but quality reporting comes at a cost.
This year, we’re aiming to raise $75,000 to continue delivering the hard-hitting investigative journalism you’ve come to expect from us. Your support helps us maintain our independence and dig deeper into the stories that matter most.
If you value our reporting, please consider making a contribution today. Any amount helps secure our future and ensure we can continue holding power to account.