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Essay / Research Paper Abstract
This 9 page paper explores the economic progress Brazil has made in the last few decades. This progress is contrasted to continued social disparities. Bibliography lists 9 sources.
Page Count:
9 pages (~225 words per page)
File: AM2_PP676583.doc
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Unformatted sample text from the term paper:
That said, contemporary Brazilian economy is soaring over much of the rest of the world. Many of her industries are booming and there is considerable profit to be made
both by domestic operations and outsiders that do business there. Within Brazil, however, there is considerable economic disparity and this sometimes results in social strive.
While Brazil is a completely independent country today, much of her history was formed as a Portuguese colony. Brazil tossed the yoke of colonial
control for a number of reasons, one of the more obvious being the quest for economic betterment. During colonial times the countrys economy was geared towards the export of
raw goods to Europe. Today, however, the country has ventured out in a more diverse industrial organization. She imports goods as needed and has a wide variety of
trade partners. Trade relations with the US, for example, are excellent. As a result of her diversification in industry and trade, Brazil now enjoys a GNP per capita
of $2830 (US dollars) and a foreign debt/GDP percentage of 39 (Donnelly, 2004). Simoes and Dantas (2010) report she is experiencing the fastest economic growth she has experienced in
two decades. Gross domestic product expansion rose to nine percent in the first quarter of 2010 (Simoes and Dantas, 2010). The downside to all of
that progress, however, is an every increasing inflation rate, an inflation rate that is currently hovering at 5.2 percent (Simoes and Dantas, 2010). Countries that Brazil does business with,
of course, are experiencing their own economic problems and this cant help but impact Brazil. Europe and the US, for example, are experiencing recessions and, as Simoes and Dantas
...