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The Country's Engine

Mar 1, 2004

Paulistas like to say that if the state of São Paulo were an independent country it would be the second-largest economy in South America. As the most populous and most developed region in Brazil, the state concentrates nearly half the country's industrial capacity, and is home to its best universities and principal port. The city of São Paulo is Brazil's financial and business capital, but it has also emerged as a cultural capital too. Whatever happens...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management