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Digging Its Way Out of Coffee.
- Source :
- BusinessWeek; 4/26/1958, Issue 1495, p108-118, 6p
- Publication Year :
- 1958
-
Abstract
- The article provides information on Brazil, a Latin American country of 62-million people with a booming economy that is highly dependent on coffee exports. Brazil posted a 160-million U.S. dollar deficit due to reduced coffee earnings, which comprised 66 percent of exports. The article also cites diversification moves, as its Superintendency of Money & Credit (SUMOC) encourages mineral ore-exports by M.A. Hanna Co. of Cleveland, Ohio, Mannesmann of West Germany and Bethlehem Steel and trade in manufactured goods by Cobrasma, Willys and Champion Paper.
- Subjects :
- ECONOMIC development
COFFEE
BUDGET deficits
ORES
INTERNATIONAL trade
Subjects
Details
- Language :
- English
- ISSN :
- 00077135
- Issue :
- 1495
- Database :
- Complementary Index
- Journal :
- BusinessWeek
- Publication Type :
- Periodical
- Accession number :
- 56579784