Tag Archives: decade

Forget the BRICs it’s the CIVETS now – the new developing world

The past decade was all about the BRICs, the massive economies of Brazil, Russia, India and China, which kicked off at the beginning of the new century, boomed and are now slowing like the rest of the developed world. Taking their place is a new group of fast-rising economies promising businesses outsized returns.

The next decade could belong to the CIVETS – Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa – whose rising middle class, young populations and rapid growth rates make the BRICs look dull in comparison.

Hardly emerging economies anymore – China is the world’s second largest economy and Brazil will take seventh place this year – that their pace would slow down was inevitable.

Now more connected by trade to the developed economies, the BRICs are feeling the same slowdown effects as the developed economies.  And, in the case of China and Brazil, they are also wrestling with the strains of their rapid ascensions. Real estate bubbles, currency control issues and hyper-wage inflation are sending global companies elsewhere for growth.

Brazil is forecast to grow a mere 3% this year. China, while still targeting a strong GDP growth rate of 7-8% in 2012, is well off its double-digit rates of the past decade. Russia, meanwhile, which can’t kick its dependency on oil exports and endured the retrograde re-election of Vladimir Putin, may grind out 3.2% growth this year. India is also slowing, with a GDP target of 6.9% growth in 2012, a sharp decline from its 2010 pace of 9.6%.

The CIVETS, meanwhile, are at the lift-off point…

 

Keep readingThe decade of the CIVETS

 

 

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Climate Change in California means heats waves…lots of them

In the past 60 years, California has experienced two heatwaves – in 1955 and 2006 – in which temperatures in its urban centers were greater than 37.8 degrees C (100 degrees F) for three or more consecutive days.

A new analysis prepared by other Scripps researchers indicates that by century’s end, those kinds of heatwaves will be the norm. Scripps climate researcher David Pierce said the new data will be assimilated into a major climate report scheduled for release in 2013.

“We’ll start getting these kinds of heatwaves more frequently by 2020 and by 2070, they’ll become common,” Pierce said.

…in all scenarios, not only do episodes of 100-degree-plus temperatures happen more frequently (several times a decade), but events in which temperatures top 100 for seven or more days begin happening at least once a decade by 2060 in all the models.

via Scripps Institute of Oceanography

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Nerd Culture Dominates the World

In an interesting twist, Amy was asked to do an interview for a special feature on science and technology for Brazilian television (TV Globo). The topic was nerd culture in America.

We both loved talking with Brazilians about “The Social Network” and especially Luiz’s interview style. The title of the segment was: Cultura nerd domina o mundo nos anos 2000.

Check Amy out starting at 15:26: