How developed is Brazil?

946 Words2 Pages
bulb-icon

Recommended: economy of Brazil essay

How developed is Brazil?

BRAZIL Economic

A Case Study of:

- Developments in two contrasting regions of a country (South East /

Amazonia / North).

- Strategies used by a government to improve the economy (in a

developing country).

- Exploitation of new resources within a country.

- Impact of economic / industrial development on the environment of a

region or country.

Setting the scene - How developed is Brazil ?

Brazil, alongside Mexico is considered one of South America's newly

industrialising countries.

GRAPH

Main exports

Metallic ores, coffee, fruit, chemicals, machines, weapons

In 1991 Brazil had a debt of $123 billion.This is owed to the USA, the

EEC, Japan and the World Bank. It is claimed that Brazil is "the 10th

largest economy in the world". However in some urban areas 50% of

people live below the "Poverty Line".

Recent changes (1970 - 1998):

- More people employed in manufacturing industry.

- Fewer people employed in farming but between 1982 - 1990

agircultural output increased by 38%.

- Over 50% of population employed in Services.

- Increase in land used for farming - large estate plantations and

ranching.

- Rapid growth in "informal sector" jobs - working without official

records (partic. in cities) such as street sellers, repairers,

decorators etc.

- Rapid growth of cities - over 75% of population live in cities. Of

these 30 - 50% live below "poverty line".

In the 1970's five main pressures created the debts:

1. Oil prices rose(doubled then quadrupled by 1979) so Brazils import

bill increased as it tried to fuel growing industry.

2. Oil rich countries had money to lend - Brazil borrowed from t...

... middle of paper ...

...outh est region where all raw materials; iron, coal, limestone are

found. Near market - car industry in Sao Paulo (Volkswagen, Fiat,

General Motors and Ford all located there, 4 of 2,000 foreign

companies in Sao Paulo). Aircraft / defence industry big steel use

too.

9. New weapons industry in Sao Paulo / Rio de Janeiroarea (South East

region) - major growth 1975 - 1995. Located near major steel works.

Defence commitments are important to Brazil (military government in

1960's - 1970's) - drug trafficking & guerilla wars along its borders.

Located on new motorway routes - near decision making and industrial

centres. 80% of Brazil's weapons are produced here as well as nuclear

research near Sao Paulo. Brazil now exports weapons. The RAF makes a

Tuscano training aircraft in Belfast, made from parts manufactured in

Brazil.

Show More
Related

  • Brazil on the Rise, The Story of a Country Transformed by Larry Rohter

    1035 Words  | 3 Pages

    The first chapter focuses on Brazil’s founding and history up until present. When the Portuguese were blown off course to Asia onto the coasts of Brazil in 1500, the Portuguese knew they had found a land filled with opportunities. The main attraction was the abundance of brazilwood which could be used for manufacturing luxurious fabrics in Europe. Over the centuries, exploration led to the discovery of more resources such as sugar, coffee, and precious metals that had made it a sought after country for colonization. Even to this day, Brazil maintains the image of a land with limitless resources since the recent discovery of oil and gas reserves and other commodities.

    Read More

  • Why Is Brazil A Wealthy Country

    663 Words  | 2 Pages

    The first reason why Brazil is a wealthy country on a national scale is because it has low national debt! (document B) Secondly, Brazil is a wealthy country because they have one-quarter of the world’s arable land which is great for growing crops! (document B) Lastly, Brazil is a wealthy country because Brazil was marked the eighth highest GDP in the world in 2013! The United States dollar equivalent in trillions in Brazil in 2013 was 2.5 trillion dollars! (document A) GDP stands for “Gross Domestic Product” and is an estimate of the total value of all the goods and services a country produces in a year! As a result, Brazil has many advantages that make it a wealthy country on a national

    Read More

  • Brazil Culture Analysis

    841 Words  | 2 Pages

    What is culture? Culture is the characteristics that describe a certain group of people. Culture defines those groups of people through religion, language, food and arts among many more. Culture is made up of many long lived traditions passed on through different regions. Brazilian culture is one of the most diverse out there. Some would say it has similarities to American culture when relating it to a "melting pot". Over 75% of the country follows the Roman Catholic faith. The official language of Brazil is Portuguese due to mass Portuguese settlements in much earlier centuries. Brazilian culture has a main focus on family unity and most Brazilians have a large number of family members.

    Read More

  • Brazil Research Paper

    658 Words  | 2 Pages

    The Portuguese were the first European settlers to arrive in the area. They were led by adventurous Pedro Cabral, who began the colonial period in 1500.

    Read More

  • The Economic Case of Brazil

    2110 Words  | 5 Pages

    In the 1500s Pedro Alvares Cabral landed on Brazil, previously a inhabited by tribal nations, and claimed the land in the name of Portugal. Brazil remained a Portuguese colony until September 7, 1822 when it declared its independence becoming the Empire of Brazil making the nation a constitutional monarchy with a parliamentary system. In early 1964, a Military junta took control of the nation until it fell in 1985 further changing the structure of the nation, and finally in 1988 a formal constitution was created enacting 26 states encompassing its boarders. Throughout the history of Brazil, the nation was never able to fully immerse itself in the international market and expand its economy, until today. Latin America has not had the best of luck when it comes to economic development and many nations in Latin America have similar issues when it comes to economic and societal development, and many of these issues are cause by the same things. For example, before the military coup in 1964 Brazil was in massive amounts of debt to international partners, however, during the military rule the payment of this debt was halted so the trust and economic backing of countries stopped with the payments. Many plans have been enacted after the fall of the military control to reverse the economic downfall that occurred in the country and continent in the 20th century and especially in the 1980s, the lost decade. In Brazil alone, there have been at least seven economic plans to reverse the economic hardships of the country, from the Cruzado Plan to the Real Plan, none seemed to work. However, in the past decade the Brazilian economy has seen an amazing increase and the condition of life of the people in the nation has increased with it. The quest...

    Read More

  • Occupations in Brazil

    671 Words  | 2 Pages

    In the Brazilian labor force, racial and gender disparities are evident. These disparities have to be addressed as the country rapidly develops as it has wide-reaching influences on many aspects of society, ranging from the individual’s occupational status and income to social mobility and perception.

    Read More

  • Country Analysis Of Brazil (Cultural Circumstances)

    1243 Words  | 3 Pages

    Brazil is both the largest and most populous country in South America. It is the 5th largest country worldwide in terms of both area (more than 8.5 Mio. km2 ) and habitants (appr. 190 million). The largest city is Sao Paulo which is simultaneously the country's capital; official language is Portuguese. According to the WorldBank classification for countries, Brazil - with a GDP of 1,5 bn. US $ in 2005 and a per capita GPD of appr. 8.500 US - can be considered as an upper middle income country and therefore classified as an industrializing country, aligned with the classification as one of the big emerging markets (BEM) next to Argentina and Mexico. Per capita income is constantly increasing as well as literacy rate (current illiteracy rate 8%). Due to its high population rate (large labour pool), its vast natural resources and its geographical position in the centre of South America, it bears enormous growth potential in the near future. Aligned with an increasing currency stability, international companies have heavily invested in Brazil during the past decade. According to CIA World Factbook, Brazil has the 11th largest PPP in 2004 worldwide and today has a well established middle income economy with wide variations in levels of development. Thus, today Brazil is South America's leading economic power and a regional leader.

    Read More

  • Reducing the National Deficit

    1061 Words  | 3 Pages

    The amount of money that the United States government owes as of October 17, 2004 at 03:48:52 pm GMT was $7,435,016,998.21. The debt has increased by an average of $1.7 billion per day since September 30, 2003! From a more individual perspective, currently the United States population is roughly around 294,555,320. With this number of people, each U.S. citizen would have to pay $25,241.50, just to break even.

    Read More

  • Change In Brazil Essay

    1866 Words  | 4 Pages

    Brazil is far from being a paradise on Earth. There is still a lot to be done. But from the eyes of an expat, I can see clearer the results of continuous transformations in Brazil than my fellow compatriots who are living and experiencing every small change over time. I have seen more changes in education and health happening lately than during my entire lifetime. I grew up hearing from several sources that Brazil would some day be the "country of the future." I thought that I would not live to see this day. Today, I can say that we are closer to the promised "future" than we ever were. Brazil is not the same as it was ten years ago. This country can finally be proud to honor the words written on its flag - "Order and Progress."

    Read More

  • The United States National Debt

    820 Words  | 2 Pages

    Public debt, which comes from securities and bonds issued by the United States Treasury, is responsible for over 60 percent of the debt (“Debt Position and Activity Report” 1). These debts are being held by the public inside and outside the US. Over 25 percent of the debts are held by foreign governments, in which China and Japan accounts for almost half of the sum (“Treasury Bulletin: September 2009” 60).

    Read More

  • The Latin American Debt Crisis

    1591 Words  | 4 Pages

    The Latin American Debt crisis did not occur over night, the crisis was many years in the making and signs of its arrival were prominent in Latin American society. The reasons for its occurrence are also expansive; some fault can also be place in countries outside of Latin America. The growth rate in the real domestic product of many Latin American countries grew at a constantly high rate in the decade prior to the crisis in the 1980s, this growth led to an increase in foreign investment, corporate investment, and the world began supporting these developing nations (Ocampo). The foreign investments into Latin America created a new international financial system that gave the foreign banks access the funds to give massive loans to the developing nations of Latin America. However, the affluence was not continuous. A rise in natural resources occurred in the mid-1970s, which led to increase the prices of imported goods, and thus Latin American countries would have to find a way to pay back these deficits, which then led them to borrowing more money. By the end of the 1970s, Latin America was in debt to for over $150 billion, and the growth rates for each nations debt varied greatly with Mexico and Brazil taking on more than half of the debt themselves.

    Read More

  • Social Issues In Brazil

    1766 Words  | 4 Pages

    Brazil was first “discovered” on April 22nd, 1500 by a fleet of portuguese settlers, on a ship commanded by Portuguese diplomat Pedro Cabral that was making its journey to India. When Pedro first set eyes on the land he first assumed it was a small size island. However, they came to find it was quite large, and inhabited with native people. Brazil was attractive for many Europeans such as the French, the Dutch, and the Spanish due to its resources such as red-dye wood, gold and silver, sugar, and precious stones. On December 7th, 1822, the country declared its independence from portugal and became its own country.

    Read More

  • The History Of Brazil

    768 Words  | 2 Pages

    As a nation, Brazil has a long and eventful history, involving both its post-colonial status as an ex-member of the Portuguese imperial regime and the long term history of its pre-colonial indigenous tribes. Borrowing from information provided by Boris Fausto, a professor at the University of Sao Paulo in his book A Concise History of Brazil, it is clear that Brazil is a country confused in its post-colonial identity. While colonialism brought massive wealth and prosperity to a nation that is rich with resources, the question of the treatment of the remaining indigenous tribes remains a deep-rooted issue for many Brazilians.

    Read More

  • Effects of Agriculture on the Environment

    2078 Words  | 5 Pages

    Agriculture has changed dramatically, especially since the end of World War II. Food and fibre productivity rose due to new technologies, mechanization, increased chemical use, specialization and government policies that favoured maximizing production. These changes allowed fewer farmers with reduced labour demands to produce the majority of the food and fibre.

    Read More

  • Population Distribution in Brazil

    562 Words  | 2 Pages

    that only 10% live inland and over 90% live on a strip along the east

    Read More

More about How developed is Brazil?

Open Document