Saturday, 29 October 2016

LUSOPHONE WORTH NEARLY THREE MILLION AND IS THE SIXTH LARGEST ECONOMY IN THE WORLD




La Lusophonie (ou Lusofonia; issu du nom de la province de Lusitanie) est l'ensemble des identités culturelles, régions, pays et communautés liés à la locution du portugais comme l'Angola, le Brésil (qui est le plus grand pays lusophone avec plus de 200 millions d'habitants), le Cap-Vert, la Guinée-Bissau, Macao, le Mozambique, le Portugal, Sao Tomé-et-Principe, et le Timor oriental.
La
Galice, région espagnole, est un membre observateur de la communauté des pays de langue portugaise.
La lusophonie représente plus de 220 millions de locuteurs comme langue maternelle dans le monde.
The International Monetary Fund (IMF), the update this month the 'World Economic Outlook', anticipates an economic recovery in Brazil in 2017, the year in which economic growth should be around 0.5%, after two years of recession.


"The Brazilian economy remains in recession, but the activity seems to be close to leaving the bottom," the analysts said the IMF on the ninth largest world economy.


Brazil, which hosts the XI Summit of Heads of State and Government of the Community of Portuguese Language Countries (CPLP), is the largest Lusophone economy and is considered the 'economic giant' of the group, being inserted in Mercosur, which brings together the most of South America countries.

About Portugal, the only European country in the Portuguese-speaking group, the IMF forecasts point to growth of 1% this year and a slight acceleration to 1.1% in 2017, below the estimates of the government, which points to an expansion of GDP 1.2% this year and accelerate to 1.5% next year.
In Angola, the largest oil producer in sub-Saharan Africa and the third largest economy in the continent, the prospects of development of the economy are quite dark due to the historical average of recent years: the IMF forecasts that the country suffers a stagnation this year, before rebounding in 2017 to 1.5%.

"Angola is like Nigeria and South Africa, to adapt to the sharp drop in revenue from oil exports, will not grow this year and will have a weak growth next year," reads the report released today in Washington.

The IMF paper on the world economy revise sharply lower growth forecasts of the Angolan economy, as in May pointed to a growth of 2.5% this year and a slight acceleration to 2.7% next year.
Also in Mozambique the economic outlook is less encouraging than in the recent past: analysts IMF expect a growth of 4.5% this year and 5.5% in 2017, which shows a deterioration compared to predictions of May, when the expectation She pointed to an economic growth of 6% in 2016 and 6.8% the following year.

Taking Equatorial Guinea, the latest member of the CPLP, which is sunk into a recession that could reach 10% this year and a further decline of 5.8% in 2017, the other Portuguese-speaking countries have strong growth rates, but still insufficient for the structural challenges that cross.

Cape Verde is expected to grow 3.6% this year and 4% in 2017, while Sao Tome and Principe should register 4 r rates 5% in 2016 and 2017.
The figures, compared with the European average, for example, are enviable, but recently the Prime Minister of Sao Tome, on a visit to Portugal, was perentório: "With less growth than 7% we cannot create jobs," which and shows the difficulties of this and other Portuguese-speaking countries in Africa.

The Guinea-Bissau, which is expected to grow 4.8 and 5% this year and next, and Timor-Leste, with growth rates of 5 to 5.5% in recent years, complete the range of economic forecasts of the IMF on countries Lusophone which, if a country would be the sixth largest economy in the world, behind the United Kingdom and ahead of France.

Portugal, the only European country Portuguese-speaking, has a GDP of 198,900 million dollars, and is inserted in the European Union, whose wealth is estimated at about 16.5 billion euros.
Angola, Africa's largest Lusophone economy, has a GDP of around 102 billion dollars, but it operates in two broader regional areas: Southern Africa, who’s combined GDP of the 15 members reaches almost 650 billion (which is also Mozambique, whose GDP is around 15 billion dollars), and Central Africa, whose 10 members are worth almost 250 billion.

The Economic Community of Central African States (ECCAS) also are Equatorial Guinea (GDP 9.3 billion) and Sao Tome and Principe, with an inner wealth of 337 million dollars.

The Economic Community of West African States (ECOWAS), worth 675,000 million dollars, are Cape Verde, with a wealth of 1.6 billion, and Guinea-Bissau, with 1.05 million.
The Brazil, the economic giant of Portuguese-speaking world, worth 1.7 billion dollars, and is inserted in Mercosur, whose economic wealth amounts to almost 3.5 billion dollars.

In Asia, Timor-Leste, with a GDP of 1.4 billion dollars, it is inserted in ASEAN, a community of 11 countries with a combined wealth of $ 2.4 billion.

Saisi!

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