Socio Economic Challenges
Overall Brazil's economy has been performing very well in the last decade or so but it hasn’t translated into an impartial earnings allocation. The economic growth miracle of Brazil, like that of Russia, India, and China has not translated into equitable income distribution or poverty eradication. In 2010 poverty was estimated at 26%, mostly in the rural areas. The countless problems with urban and rural poverty and gross income inequality remain largely because of very high concentration of wealth and rampant cases of bribery and other forma of corruption.
Brazil is a land of disparity. The richest 10% in Brazil have access to approximately 40% of the country’s resources and the poorest 10% receive merely 1%. This paints a bleak image for those with low financial stability. On one hand there are modern skyscrapers and slums on the other hand. Brazil's urban slums (favelas) have been estimated to be home to as many as twenty-five million people. These people live in desperate poverty. Pitiable hygiene causes serious health issues. There is no proper waste collection or gutter system. A life of offense is often the only option for jobless. Brazil with the rest of the BRIC nations have a long way to go before their current trade and industrial development transforms into benefits for the majority of the population.
Cultural Life- Values, Beliefs, Folkways and Mores
Its culture is a blend of Portuguese, African and native influences, resulting in a prosperous and distinctive way of life. Family is the base of the social arrangement. Although family size has been thinning in Brazil, families still tend to be big and the extended family unit is fairly close.
Majority Brazilians live in the thickly populate...
... middle of paper ...
...14. Brazil Structure of Government - Flags, Maps, Economy, History, Climate, Natural Resources, Current Issues, International Agreements, Population, Social Statistics, Political System. [online] Available at: http://www.photius.com/countries/brazil/government/brazil_government_structure_of_governm~236.html [Accessed: 14 Mar 2014].
9. Ramaworldtours.com. 2014. Your Company Website. [online] Available at: http://www.ramaworldtours.com/Brazil.html [Accessed: 14 Mar 2014].
10. The Economist. 2014. Has Brazil blown it? [online] Available at: http://www.economist.com/news/leaders/21586833-stagnant-economy-bloated-state-and-mass-protests-mean-dilma-rousseff-must-change-course-has [Accessed: 14 Mar 2014].
11. Waisworld.org. 2014. WAIS - World Association for International Studies. [online] Available at: https://waisworld.org/go.jsp?id=02a&o=62630 [Accessed: 14 Mar 2014].
Globalisation has been crucial to the economic and social development of Brazil. In the late twentieth century Brazil face years of economic, political and social instability experiencing high inflation, high income inequality and rapidly growing poverty. However after a change of government in the 1990s and large structural changes in both the economic and social landscapes, the brazilian economy has been experiencing a growing middle class and reduced income gap. Since the start of the 21st century, brazil has benefitted from the move to a more global economy.
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.
Brazil with a population around 201,032,714, is the largest South America’s country. Brazil’s most important components of its GDP are service revenues, wide industry sector and its successful agriculture.
“Because of the rapid growth experienced by this country in terms of urban development, industrialization and population at the beginning of the 21st century, Brazil is facing a number of social, environmental and political challenges” (Meyer 2010). Over the years, Brazils infrastructure has been a topic of concern as the quality and quantity of growth seem to be lacking. One might be familiar with the recent 2016 Olympics in Rio and how many complaints were made about the unfinished quarters where people were staying and how the under developed the city
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...
Brazil and the United States were both discovered and colonized by Europeans even though their population cultural patterns differ. The way that Brazilians and Americans relate to their families differ. While Americans are raised to be individualists, Brazilians are known to have a close-knit family; Consequently, supporting your family members in Brazil is considered an imperative value. As a result, young Americans achieve their independence much earlier than young Brazilians.
Filh, Alfredo Saad. "Neoliberalism, Democracy, and Development Policy in Brazil." DEVELOPMENT AND SOCIETY June 2010: 1-28.
Introduction Brazil is the largest and most populous country in South America. It is the 5th largest country worldwide in terms of both areas (more than 8.5 Mio. km2) and inhabitants (appr. 190 million).
Brazilian heritage was founded on the native people that lived in the country before its colonization, the colonizers that immigrated to the country, and the slaves that were brought. Brazil has the second largest African population in the world, so its heritage also has some African culture.
Przeworski, A., 2004. Capitalism, Development and Democracy. Brazilian Journal of Political Economy, Vol. 24, No. 4 (96), Pp. 489-497
The total population in Brazil is 167,988,000. The population grows at a rate of 0.91%, with a life expectancy of 64 years for the total population; the female life expectancy is 67.73 years and the male is 58.96 years. The Brazilian people are very diverse. Three main ethnic groups exist in the country: Portuguese, Native American, and African.
Brazil is both the fifth largest country in the world based off of land size and population (World Factbook). Brazil has used this demographic as a strength in its efforts to find some sort of stability in a very unstable economic climate. Brazil is the largest national economy in Latin America the world's eighth largest economy at market exchange rates and the and 10 in purchasing power parity (PPP) or GDP, according to the International Monetary Fund and the World Bank (World Fact Book). There are many factors to the development of the Brazilian economy, each having an impact, but the development is not complete.
The Brazilian culture is one of the world’s most wide ranged and diverse. This is a result due to it being a melting pot of nationalities, as a result of centuries of European domination as well as slavery, which brought large groups of African migrants across Brazil’s borders to live in and influence the local cultures with their ancient customs and ideas. The European settlers also brought ideas, innovations and belief systems with them, molding the local societies remarkably. All of these varying influences have made the modern-day Brazilian culture is unique and very elaborate (Meyer, 2010).
Brazil’s economic history reflects periods of economic prosperity followed periods of stagnation. The biggest boom was the coffee boom that began in the 19th century. At the turn of the century, Brazil was the supplier of 75% of the global coffee supply accounting for 10% of their GDP (Lowman, 2014). While coffee has served as an important factor of Brazil’s economic success, the fact that their economy was dependent on commodity exports was a major vulnerability in the past. In the 80’s the Brazilian government was forced to reschedule their debt and in the 90’s the country experienced hyperinflation. However with the implementation of the
Brazil is a diverse and enormous country. There are large, medium and small sized aities that stretch from coast. From Brazilian cit...