An Analysis of Brazil

In: Business and Management

Submitted By scootersyme
Words 785
Pages 4
Brazil is much like the United States, it has a broad and eclectic population that includes many different nationalities from all over the world. After conducting a little research on Brazil, I would consider them to be a very forward and outside the box thinking country. Much of their exports are derived from services which ranks #1 at 66% of their total GDP. Most of these services include mail, banking, telecommunications, energy, commerce and computing. In 2011 Brazil boasted a positive trade balance of $20 billion, nothing to scoff at in today's economy. Agriculture has boosted some of Brazil's economy, although the total agriculture exportation is not very high at 6% of the total GDP, the expansion of their agricultural boom has negated the need for vast imports of most of their agricultural needs. This has showed a significant reduction in their total imports of food, from 22% in 1970 to a paltry 8% today. Brazil began blazing a trail of economic prosperity way back in 1985, when the country was delivered from a dictatorship governed by the military, to a democracy. The past 15 years Brazil has been consistently electing presidents into office that cared deeply about moving their country ahead and brand it as a serious contender in the world economy. The most current president, Dilma Vana Rousseff a female, made a landslide election with over 60% of the popular vote. She is a staunch supporter of a world economy, and is a powerful leader for Brazil. What I found to be interesting was the serious decline in unemployment over the last four years. In 2007 unemployment was at a relatively high number and posted rate of 9.2%. In 2010 the rate made a giant decline to an almost even 7%. While the United States and the rest of the world is trying to keep their heads above water, Brazil looks to be weathering the storm quite nicely.

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