Topic > Brazil's Developing Economy - 1945

In the current economic period the development and growth of any economy has come to a near standstill or at least a drastic slowdown. The face of the global business environment has changed, and many new countries are starting to change the way their country and the rest of the world do business. One such nation is Brazil, which has solved its economic problems and is becoming one of the fastest growing economies in the world (World Factbook). Brazil began to develop its economy and use the opportunity to reach a level of respect in the world. Brazil is the fifth largest country in the world based on land size and population (World Factbook). Brazil has used this demographic as a selling point in its efforts to find some sort of stability in a very unstable economic climate. According to the International Monetary Fund and the World Bank (World Fact Book), Brazil is the largest national economy in Latin America, the eighth largest economy in the world in terms of market exchange rates and the tenth largest in terms of power parity purchasing power (PPP) or GDP. There are many factors that contribute to the development of the Brazilian economy, each of which has an impact, but the development is not complete. Brazil has many development goals that it hopes to achieve. Economic policy since the late 1960s has had three main objectives: control of inflation, gradual improvement of the well-being of the poorest sectors and a high rate of economic growth (Encyclopedia of Nations). Furthermore, there are the Millennium Development Goals established by the United Nations for developing countries, such as reducing poverty, increasing gender equality in education, reducing child mortality and improving maternal health, fighting disease, ensure environmental sustainability and develop... . half of the document ......d-the- nation%E2%80%99s-world-sanding-in-the-era-of-rousseff%E2%80%99s-rule/>"Millennium Development Goals : Brazil." Index Mundi.com. February 15, 2007. November 19, 2010. Ruble, Kayla. “Six South American countries with the worst inequality in income distribution.” Woodrow Wilson International Center for Scholars. November 1, 2010. November 19, 2010." Weathering the Storm." Newsweek.com. July 26, 2008. November 19, 2010. Workman, Daniel. "Trading Companions of Brazil". Suite101.com. September 13, 2006. November 19, 2010.