...Brazil – The Belo Monte Dam In 2013, approximately 201 Million people were living in Brazil, making it the biggest country in South America and the fifth biggest country in the world. Of course this population needs a vast amount of energy to handle daily life issues. This demand of energy makes Brazil the 8th largest energy user and the 10th largest energy producer in the world. Oil and other liquid fuels with 47%, followed by hydroelectricity with 35% and natural gas with 8% form the largest shares of Brazil's total energy consumption. Additionally, Brazil is consuming increasing amounts of biomass in both the residential and industrial sectors.[1] Geographically, the Brazilian landscape consists of about 50% rainforest, including a complex system of rivers like the Amazon and the Paraná. The Amazon rainforest is one of the most biodiversed tropical forests in the Americas with the highest biodiversity of plants species on earth. The other part of the countryside is diverse and is characterized by hills, mountains, plains, highlands and scrublands.[2] Due to the country’s large river system and its eight major drainage basins, Brazil wants to expand its hydroelectricity sector. The country already holds the second largest dam, after the Chinese Three Gorges Dam, the Itaipu Binacional dam. Currently the government is building the world’s third largest dam in the Amazon rainforest, the Belo Monte Dam, which is located on the Xingu River in the state of Pará. The...
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...GLOBAL AND BUSINESS PRACTICES- BUSA 3000 DR. ILKE KARDES APRIL 23, 2015 1. Country Background Brazil is a country located in eastern South America, with a territorial size of 8,514,877 sq. km (square kilometers) and shares its borders with 10 other South American nations. These nations are; Argentina, Bolivia, Colombia, French Guiana, Guyana, Paraguay, Peru, Suriname, Uruguay, and Venezuela. Brazil has a national GDP of 2.246 trillion USD (2013), a GNI of 2.956 trillion USD (2013), a population of 200.4 million people (2013), which makes the country’s GDP Per Capita 11,208.08 USD and its GNI Per Capita 14,750 PPP USD (2013). Brazil’s national currency is the Brazilian Real (R$), trades 2.97 R$ to 1USD, and exchanged openly on the Forex market. Brazil is a country rich with natural resources. These natural resources include, Timber, sugar, coffee beans, quartz, diamonds, chromium, iron ore, phosphates, petroleum, mica, graphite, titanium, copper, gold, oil, bauxite, zinc, tin, and mercury. Brazil is also a member of several economic organizations, including Unasul, WTO, Mercosul, G-20 and the Cairns Group. Brazil has hundreds of trading partners, with 60 percent of its total exports made up of manufactured and semi manufactured goods. Mercosul, an economic and political agreement that includes Argentina, Paraguay, Uraguay and Brazil, encourages free trade and easy transit of goods, people and currency. In 2008, Mercosul signed a free...
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...BRIC: Currency Depreciation in Russia and Brazil ◎D0131160 Irina Chen ◎D0131187 Gloria Chang ◎D0173297 Sunny Chiu ◎D0173270 Doris Chen ◎D0173670 Athena Du Contents Abstract ..................................................................................... 2 Brazil ......................................................................................... 3 Why Brazil become the BRIC ................................................... 3 What was behind Brazil’s Depreciation? ................................. 8 Russia ...................................................................................... 13 Why Russia become the BRIC?.............................................. 13 What was behind the Ruble depreciation? ........................... 19 Comparison and Similarities between Russia and Brazil ....... 24 In the Future ........................................................................... 25 The Future of Brazil ............................................................... 25 The future of Russia .............................................................. 25 Conclusion ............................................................................... 26 Contributor ............................................................................. 27 Reference ................................................................................ 27 1 Abstract The BRIC is the acronym of four nations, including Brazil, Russia, India and China. The conception of...
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...Brazil Brazil is one of South America’s most influential and powerful Countries, and leading its cause to become one of the world’s most influential counties. Brazil is one of the BRICS countries. BRICS refers to Brazil Russia India China and South Africa becoming economic figures due to their newly advanced economic development. Much of brazil’s increase in wealth comes down to the vast amount of natural resources in the country such as Iron ore a resource craved by many large manufacturing nations, furthering this Brazil has recently been able to capitalise on their offshore oil resources allow them to become self-sufficient for energy an area where they previously struggled and relied heavily on other nations. Gross National Income (GNI) refers to the level of economic activity produced in a country in any one year. Since 2007 Brazils GNI per capita (per person) has nearly doubled, from $6,100 in 2007 to $11,630 in 2012 with a yearly rise around currently around 5% very much likely to continue. (data from http://data.worldbank.org/country/brazil ) This increase in both GNI and GNI per capita shows Brazils continuing success and development. Brazil currently have a GDP (Gross Domestic Product) of $2.45 trillion meaning its ranked 6th in the world charts a massive growth of a once mass poverty stricken undeveloped country (data from http://www.statisticbrain.com/countries-with-the-highest-gdp/ ). The main cause of the GNI increased levels along with its vast levels of natural...
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...oing Business in Brazil * Market Overview * Market Challenges * Market Opportunities * Market Entry Strategy Market Overview The Federative Republic of Brazil is Latin America's biggest economy and is the fifth largest country in the world in terms of land mass and population with about 192 million people. Brazil’s economy, the 6th largest in the world, grew 2.7% in 2011. Growth slowed due to reduced demand for Brazilian exports in Europe and Asia, despite solid domestic demand and a growing middle class. During the past decade, the country has maintained macroeconomic policies that controlled inflation and promoted economic growth. Inflation was at 6.5% in 2011, and urban unemployment reached a historic low of 6.0%. Interest rates, though high compared to the rest of the world, remained historically low at the Central Bank benchmark rate of 8.0% as of July 2012. In 2011, the U.S. was Brazil’s largest source of imports followed by China, Argentina, Germany, and South Korea. U.S. merchandise exports to Brazil in 2011 were US$42.9 billion, and U.S. imports from Brazil were US$31.3 billion. Market Challenges Brazil has a large and diversified economy that offers U.S. companies many opportunities to export their goods and services, and U.S. exports are increasing rapidly. Doing business in Brazil requires intimate knowledge of the local environment, including both the explicit as well as implicit costs of doing business (referred to as the “Custo Brasil”)...
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...Introduction Brazil is the economic leader in South America. It is located in eastern South America bordering the Atlantic Ocean. Almost 85% of South American countries border Brazil. Most of the country is located below the equator and it has a total area of 8,511,965 square kilometers (Brazil Facts) making it the fifth largest country in the world behind the U.S. Brazil has a distinctive topography, in the north and west you can find the Amazon Basin with tropical-like weathers. Brazil is also facing deforestation losing about 52,000 square miles of amazon each year. In the south east of the country you will find its highlands and plateaus. Brazil also has a distinctive climate. The climate is generally classified into five subtypes: equatorial, tropical, semiarid, highland tropical and subtropical but 90% of the country is mostly considered tropical. (Climates of Brazil) Social Economic and Cultural Factors As for being the fifth largest country in the world land wise, Brazil is also the fifth largest country when it comes to population. According to the CIA Brazil’s population in 2012 was over two hundred million. 26.2% of the population in 2011 is between 0-14 years of age, 67% of the population in 2011 is between 15-64 years of age, and 6.7% of the population in 2011 is 65+ years of age.(CIA Fact book) Because Brazil was colonized by the Portuguese the primary language in this country is surprisingly Portuguese! Other slightly common languages you might also hear are...
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...Beauty of Business in Brazil Unknown to so many, South America is a very robust and expanding region with a population reaching close to 200 million native people as well as foreign population. South America has a very tropical climate, and the primary language in South America is Portuguese. Brazil is the fifth largest country in the world, and the largest country in Latin America. Brazil is an economically growing country located in northeastern part of South America. Brazil gained its independence from Portugal in 1822. Years later, in 1888 slavery was abolished in the nation. The next year in 1889, The Brazilian Republic was established. Brazil is well-known as the world’s leader in coffee production and exportation. Brazil produces one third of the world’s total coffee production. The country has held this position in the coffee market for 150 years. In 1982, Brazil held the world’s largest debt at the time. In 1986, the country put forth a plan to control inflation (BBC News. 2012). The country has come a long way since last century. Brazil’s economy is now ranked seventh in the world related to nominal GDP and the seventh largest in terms of purchasing power and value of the Brazil’s currency. In 2012, the country’s gross domestic product was 2.253 trillion US dollars. According to BBC News, Brazil’s economy growth has doubled from the expected rate in the final quarter of 2013. This growth was surprising considering the Countries economy declined slightly...
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...Managing Director - Major Bank. Head of Project Finance Latam Sao Paulo Responsibilities: - Reporting directly to the Global Head of Project Finance, the candidate will be responsible for the business of the division in the Latin America region and will supervise a multicultural and multinational team of more than 30 professionals based in Mexico D.F., Santiago de Chile, Lima, Bogota, Buenos Aires and Sao Paulo. - Responsible for leading and supervising country heads and deal teams in charge of the origination of project finance transactions in the energy and infrastructure sectors. - Developing the division's business strategy for the region with full responsibility for the investments, profit and loss account and resource management including overseeing a portfolio of loans of more than USD 10.000bn - Building and developing key relationships in the region. - Coordinating with other areas of the bank and participating actively in several top level committees and initiatives to develop the bank's franchise, including being a permanent member of the Latinoamerica management committee. Assessment: I am pleased to bring to your attention the above career opportunity. After 15 years working in the banking sector and having succeeded in previous challenges I consider you are prepared to take up a position of responsibility for a business line across a supranational geographic area. This will be a major step in your career and will involve departing...
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...Brazil is amongst the leading developing nations and has sustained a decent economic growth for years (Alfaro & White, 2013). This commodity boom gave rise to the country’s export. However, the “Custo Brasil” was harming domestic manufacturing, while foreign opportunities threatened to overwhelm Brazilian marketplaces. The Custo Brasil has become the biggest factor in declining competitiveness of the country followed by poor infrastructure and undeveloped education system. According to Alfaro & White (2013), “poor infrastructure further hindered national growth.” In 2009, Brazil’s (2013) investment-to-GDP ratio dropped causing some analysts to suspect that weak infrastructure investment would be a future “bottleneck to growth.” Under the leadership of Dilma Rouseff, Brazil’s economic growth had gone stale and Rouseff’s administration battled to get the best balance between reducing inflation, maintaining exchange rate, and enhancing the competition of its exports. The government expenditures (2013) consume more than 40 percent of gross domestic product (GDP). Its overall pace of regulatory reform had slowed and the ax burden is much heavier than other emerging economies. It could be government corruption, insecurity of private property rights, or it’s dependent on commodity exports. Rouseff and her administration worked to improve competitiveness by addressing the issue of improving infrastructure. Its strategy was the public-private partnership aiming to provide jobs...
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...In 1822, Brazil became an independent nation from Portugal and is now the 5th largest country in the world with a quickly growing economy, a population of almost 200 million people, and a booming middle class. Located in the middle-easter part of South America, Brazil borders Peru, Bolivia, Paraguay, Uruguay, Columbia, Venezuela, Guyana, Suriname, French Guiana - nearly all of the countries in South America! Brazil has a massive territorial size, covering nearly half of the continent, occupying an area of 3,286,470 square miles. Since July of 1994, under President Itamar Franco’s plan to stabilize the Brazilian economy, the currency has been the real. Brazil has become one of the largest markets in the world. When you think of Brazil, you may think of coffee, sugar cane, and other agricultural products, however, this economically diverse country has a strong industrial base producing and exporting commercial aircrafts, chemicals, petro chemicals, and machinery to the United States and South American countries. It also has many natural resources, including bauxite, gold, iron ore, manganese, nickel, phosphates, platinum, tin, uranium, petroleum, hydropower, and timber. Yet the largest sector of economy is in services including banking, telecommunications, energy, commerce, and information technology. Although the capital is Brasilia and the largest city is Sao Paulo, I think Brazil’s most well known city is unarguably Rio de Janeiro. This has a lot to do with Rio being home...
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...investors, but risk is evident. This paper will discuss a business proposition for a FDI in Paraguay and provide three reasons for this investment. Prior to the business proposition, the general background of Paraguay will be given. The Republic of Paraguay is a relatively small country (157,047 sq. mi.) that is about the size of California with a population of 6.46 million. It is located in South America and landlocked between Bolivia, Brazil, and Argentina. The major nature resources consist of hydroelectric energy, timber, iron ore, and manganese. Agriculture drives the market economy that is overwhelming informal. This leaves the Gross National Income (GNI) per capita based on Purchasing Power Parity (PPP) at a low $3,290.00US. The country mainly exports is agricultural products, soy beans, sugar, and beef, to Uruguay, Brazil, and Argentina. Hydropower is also exported as the country continuously has a surplus. This leads to major imports of machinery, electric machinery, and motor vehicles/tractors from China, United States, and Brazil. Currently, Paraguay is seeking re-admittance to the trade organization MERCOSUR after the country was suspended following former president Lugo’s impeachment. . On April 21, 2013, Paraguay held a presidential election. Businessman Horacio Cartes, of the Partido Colorado party, won the election with 46 percent of the vote. Paraguay is a constitutional republic with executive, legislative, and judicial branches similar to the United...
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...strengths and weaknesses? Eastvaco Corporation is a leader in manufacturing paper, packaging, and chemicals. The company has three business segments based on their product categories. The company has been affected by different micro and macroeconomic conditions. Based on the financial statements and supplemental information provided by the 10-K submission, the strengths and weaknesses of Eastvaco are: Strengths: 1. Strong brand recognition being the largest manufacturer of paper, packaging, and chemicals 2. Eastvaco owns 1,466,000 acres of land forest land in the United States and southern Brazil 3. Aggressive focus on innovation (245 scientists were employed in research activities) 4. Eastvaco has obtained a number of foreign and domestic patents as a result of their R&D 5. Currently operating in the United States and in 30 foreign countries 6. Eastvaco has invested in clean energy by making the Charlotte facility “green” 7. The inventory of growing has steadily increased over the last decade Weaknesses: 1. High costs in research and development ($47.3 million) 2. Increased world pressure and bad publicity over depleting the Brazilian rain forest 3. Faced with macroeconomic conditions: industry capacity, economic growth in US, currency exchange rates 4. Several anticipated costs associated with legal proceedings 5. Large nominal fees looming from unused revolving credit...
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.... | Country Analysis | Brazil | | . | [Pick the date] | AHMEDABAD MANAGEMENT ASSOCIATION | Submitted to Prepared by Dr.P.V.Desai Sagar Sakariya CONTENT Introduction | | Brazil annual report: Economic Indicator | | Government and Politics | | Foreign Relations | | States and Municipality | | Geography | | Climate | | Component and Energy | | Transport | | Demography | | Main Drivers for Doing business in Brazil | | Mani Challenges of Doing Business in Brazil | | Summary of Indicator- Doing business in Brazil | | List of Procedure | | PESTLE | | Political * Political system * Change in government * Lula administration focus area * Law | | Economic * Economy of Brazil * Industrial output * Key industries * FDI | | Sociological * Culture * Language * General attitude * Personal appearance | | Technological * Technology research * Information technology * R & D * Technology policy of Brazil * Brazilian industry and Technology | | Legal * Legal system of Brazil * Municipality * Court and justice | | Environment * National * The Future | | Introduction Brazil is the largest and most powerful country in South America and has become one of the world's most...
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...experience of the chosen country or region over time (e.g., analysing the main determinants of economic development or growth). The analysis should include data on growth (development) and other key indicators to explain the main determinants of economic development (growth). Political and social factors that have been important for the economic development of a country should be included in the discussion (e.g., government policies). Finally, learner should critically analyse how global factors (e.g., trade agreements, etc.) affect economic development (growth) of a country or region. Brief History of Brazil Brazil was discovered in 1500 by Portuguese explorers and was subsequently run under Portuguese rule. For the purpose of this assignment Brazil’s economy development experience since the country gained independence from Portugal; which happened in 1822. Since then Brazil has overcome dictatorships, citizen unrest and political corruption to become the sixth largest economy in the world and one of the world’s four emerging country’s known as the BRIC’s (CNN Money, 2013). Independence 1822- 1870 Following Brazil’s independence there was difficult times as there are for most newly independent nations. These difficult times steamed from the fact that their domestic economy was depressed. The only sector of the country’s economy was the maintenance of the new country. All the resources that the country had including land, animals and of course, because it was taken place...
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...Natural Resources and Energy Paper Domico Curry, Sandy Khanthavong, Jasmin Odion, Gladys Ekwuruibe, Matthew Pew September 3, 2014 SCI256 Peter Miedzinski Natural Resources and Energy Paper The Amazon rain forest is located in Southern America. The bordering countries that surround the Amazon rain forest are Columbia, Ecuador, Peru, Bolivia and Brazil. It is believed that the Amazon rainforest is one of the largest formulated forests and measures at seven million square kilometers (www.brazil.org.za, 2014). Anacondas, Jaguars, spider monkeys, and sloths live in the Amazon forest. Its rainy or dry seasons can make home for many animals. And can either be extreme wet season or hot. There are many ecosystems in the Amazon rain forest, for example one of the major ecosystems in the Amazon Rain forest is the Amazon River. It runs four thousand miles down the Amazon, and is one hundred and twenty miles wide. The Amazon River is home to anacondas and many other life forms species. However the Amazon River is only the second largest river in the world. The Amazon is home to many indigenous tribes and animals. The climate change in the weather is of concern to people, who take a closer look into the fact that, the Amazon River and the forest itself needs to be preserved. It’s of concern to others, because the weather is unpredictable, which does not give its people enough time or resources to prepare for upcoming floods or extreme droughts. That ruins the plants and land...
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