StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Economic Development of Brazil - Essay Example

Cite this document
Summary
Brazil is regarded as the front runner of developing countries. By some, it's considered a country that has experienced growth with its development lagging behind. An upper-middle income country, Brazil has the greatest degree of economic inequality among other countries with the comparable income…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.6% of users find it useful
Economic Development of Brazil
Read Text Preview

Extract of sample "Economic Development of Brazil"

Brazil is regarded as the front runner of developing countries. By some, it's considered a country that has experienced growth with its development lagging behind. An upper-middle income country, Brazil has the greatest degree of economic inequality among other countries with the comparable income. This inequality, if left uncorrected, is a possible threat to future progress. Other threats to development include it's indebtedness to other countries and infrastructure problems. Another area that is preventing development is Brazil's lack of advancement in technology.

The transfer of technology is essential for faster growth and it will also enable them to compete at an international level which will also stimulate growth. Social divisions are also inhibiting growth. Child labor is a huge problem with as many as seven million children in the workforce. As far as education, the rate of adult literacy stands at eighty-five percent. Discrimination is also a problem. The majority of Brazil's population is black, second only to Nigeria. Despite the fact the discrimination is a crime, it isn't enforced.

Still, some progress has been made. The government's lack of equal social spending is the foremost factor in Brazil's inability to rise above inequality and poverty. Inequality and the distribution of land are considered the primary reasons for extreme poverty in the country. Although the Brazilian government implemented a program for land reform, the results have been modest at best. The inequality in the distribution of land is mainly due to the political influence of large plantation owners.

The land that is available to farmers is often unsuitable to farmers do due to environmental conflicts. There has, however, been some progress economically and socially. Brazil is at the forefront of agricultural research and they have expanded their exportation of crops. They have experienced growth in the software industry. The government does have one program in place that is making somewhat of a difference. The Bolsa Familia Program provides income to poverty stricken families whose children stay in school.

The hope is that education will leader to more employable adults and higher earnings which will eventually help to curb poverty in the country. President Luiz Inacio Lula da Silva was re-elected in 2006. He promised growth and more policies addressing poverty and he did deliver. Although the results were modest they gave hope to the Brazilian people. One definition of development cites a transformation of society from a traditional way of thinking to a more modern way of thinking. Another definition cites development of education, health systems, and technology in less developed countries.

Brazil has recognized its need for development in certain areas and has made some advancement in addressing its societal inequalities and poverty. One example of advancement of societal development which addressed education and poverty is the Bolsa Familia Program. It does, however, only answer the definitions in part. Although Brazil is not a developed country because it hasn't advanced in some areas such as technology, it is developing. Other developing countries can learn valuable lessons from Brazil.

Those lessons are that patience and perseverance do pay off and that advancement, however small it may seem, is still a step in the right direction. Despite the fact that Brazil is not a developed country it's still considered the leader in developing countries. Other countries can also learn the importance that the lives of its citizens play in development of a country. When a country listens to and addresses the needs of its people, it is then that the country begins to make sustainable development.

Sustainable development is defined as addressing the issues of the present generation without threatening future generations. Again, this is demonstrated in the social programs implemented by the Brazilian government such as the Land Reform Program and the Bola Familia Program. Brazil can learn much from other countries, even less developed countries. In countries that can't afford information and communications technology, they have used media technology to address the needs of their people.

A Mexican television producer named Miguel Sabida, developed thematic soap operas that addressed such issues as adult literacy, family planning, sex education and women's equality. Works CitedNetTel. "The Meaning of Development, Sustainable Development and Rural Development." 3 February 2004. Macro Environment and Telecommunications. 20 January 2009 .

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Economic Development of Brazil Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1515483-economic-development-of-brazil
(Economic Development of Brazil Essay Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/miscellaneous/1515483-economic-development-of-brazil.
“Economic Development of Brazil Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/miscellaneous/1515483-economic-development-of-brazil.
  • Cited: 0 times

CHECK THESE SAMPLES OF Economic Development of Brazil

Brazil economic overview and solar power in Brazil

This paper talks about the level of development of brazil in different spheres, so called PESTEL analysis provided in the paper.... The aim of the analysis is to give an overview of the different macro-environmental factors in Brazil… There is thorough PESTEL analysis of brazil in the paper.... This paper is the best example of PESTEL analysis of brazil.... State of the development of the solar power system in Brazil is also uder consideration....
6 Pages (1500 words) Essay

How Globalisation Influence Policies and Decision Making on Brasil Foods

The initiatives such as deregulation and privatisation have played a pivotal part in the economic emergence of brazil.... The paper "How Globalisation Influence Policies and Decision Making on Brasil Foods" states that Brasil Foods, an organization operating in the food & beverage segment was established in 2009 in brazil.... It is the world's tenth biggest food company as well as the second largest in brazil.... A country like brazil with a strong agriculture-based economy has certainly made the rapid transformation in the agriculture field and in other important sectors as well largely due to the derived benefits of globalisation....
8 Pages (2000 words) Case Study

Economic and Business Environments of Brazil and Mexico

This report analyses the sociopolitical and economic environments of brazil and Mexico, and a commercial expansion potential for hotel industry.... IntroductionThis report analyses the sociopolitical and economic environments of brazil and Mexico, and a commercial expansion potential for hotel industry.... Our Company, a chain of hotels, has been seeking for a place for expansion, preferably a country where there is an influx of tourists and where the building of a new investment or business in that particular country may not encounter much problems from the political and economic points. … There were two choices for this study and they were Mexico and brazil....
10 Pages (2500 words) Research Paper

Success of Banco Central in Managing the Rate of Inflation

The implementation of floating exchange rate regime and of the inflation targeting regime in brazil at a critical moment for the Brazilian economy in 1999 is a hallmark in the history of Central banks in emerging economies.... The inflation target regime was formally instituted in brazil through a decree 3088 of June 21, 1999.... hellip; The significant improvement in transparency and credibility that has taken place over the past three years has been incorporated into the working structure of the Brazilian Central Bank (Banco Central, 2003). brazil faced a financial crisis in 1999, both fiscal and balance of payment weaknesses, which was the spill-over effect from the previous year....
6 Pages (1500 words) Essay

Country feasibility for Burger King in Brazil

Laws that govern foreign direct investments are very crucial to the economic development of every nation, including companies and corporate bodies who would be seeking for investment in one country or the other.... The chart below gives a detailed value of trade for the top ten trade partners of brazil.... The table below is a summary of figures of some of brazil's major macroeconomic indicators for various years.... However, “repatriation of foreign capital registered with the Central Bank of brazil to its country of origin requires no prior...
4 Pages (1000 words) Research Paper

BRAZIL'S EMERGING ECONOMY

Therefore, the citizens of brazil are benefiting from the stability of their economic growth, with relatively low inflation rate and improved social well-being.... Therefore, the faster… In 2011, brazil was identified to be the seventh wealthiest economy with a GDP of 2.... In 2011, brazil was identified to be the seventh wealthiest economy with a GDP of 2.... The country weathered the global financial recession, which had insignificant effects on brazil economy; hence, it was one of the last to fall in to recession during 2008 and among the first to resume the growth in 2009....
2 Pages (500 words) Essay

International Business in the Emerging Markets

The author examines the FDI trends in Asia and Latin America since the 1970s, China's energy policy and its impact on developing countries in Africa and Asia, the drivers of globalization amid the current financial crisis, and emerging markets and free trade /WTO....   … OPEC, after making a large amount of money through oil, deposited its money with commercial banks and these banks were eager to give loans and poorer countries quickly signed off on these low current interest but floating interest rate loans....
10 Pages (2500 words) Assignment

Brazil has Own Cultural Characteristics in Management

Training and development of human resources is a requirement that needs attention at Carrefour Brazil.... The paper "brazil has Own Cultural Characteristics in Management" says that carrefour, a multinational retailer and one of the largest hypermarket chains in the world, is headquartered in France.... brazil focuses on industrial growth and development as the country is endowed with vast natural resources.... brazil has not taken advantage of its large working-age population to strengthen its social and economic institutions....
7 Pages (1750 words) Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us