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.
--Dean Baker