The Economy of Brazil

Paper Summary:

This paper explains that the economy of Brazil has grown dramatically since the Great Depression of the 1930s and the close of World War II in 1945. The author describes that, within the last several decades, there has been tremendous growth in areas, such as the export of minerals, farm products and manufactured goods, and an explosive movement from a basic rural society into an urban giant. The paper states that, with Brazil's geographically ideal location and immense
size, similar to China and India, it could become a leading global economic contender by the year 2050.

From the Paper:

"Although Brazil's agricultural base did not expand as fast as its industrial base following World War II, its overall growth was quite substantial, due to an expansion in cultivated land (which continues to this very day as a result of rain forest depletion) from about sixteen million acres in 1920 to more than one hundred and fifteen million acres in the mid 1980's. Brazil also became the world's biggest exporter of sugar products and the second largest exporter of soybean. Today, Brazil continues to export a very large percentage of the world's coffee crop along with large amounts of cocoa and cotton."

Sample of Sources Used:

• Becker, Bertha K, et al. Brazil: A New regional Power in the World Economy. New York: Cambridge University Press, 1992.
• "China's Economy: The Great Fall of China?" Economist.com. Internet. May 13, 2004. Retrieved from http://www.economist.com/opinion/displayStory.cfm?story_id= 2668015.
• Ellis, Howard S. The Economy of Brazil. Berkeley: University of California Press, 1972.
• Graham, Lawrence. The Political Economy of Brazil. Austin: University of Texas Press, 1991.
• "Indian Economy: An Overview." IndiaEconomy.net. Internet. 2006. Retrieved from http://www.indiaeconomy.net.

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