...................................................................................... 2 2 The Federative Republic of Brazil .................................................................... 3 2.1 General information on the Federative Republic of Brazil....................... 3 2.2 Brazil’s connection with the European Union.......................................... 4 2.3 Brazil’s financial situation........................................................................ 5 2.4 Brazil’s imports and exports.................................................................... 6 2.5 Brazil’s leading companies ..................................................................... 9 3 The Russian Federation................................................................................. 10 3.1 General information on the Russian Federation ................................... 10 3.2 Russia’s connection with the European Union...................................... 11 3.3 Russia’s financial situation.................................................................... 12 3.4 Russia’s imports and exports................................................................ 13 3.5 Russia’s leading companies ................................................................. 14 3.6 Conclusion ............................................................................................ 16 4 The Republic of India...
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...Brazil-A profile Geography and climate As the largest country in South America and the fifth largest in the world, Federative Republic of Brazil borders the Atlantic Ocean and shares a boundary with almost every country on the continent, except only Chile and Ecuador are not border each other. Brazil owns 8,511,965 square kilometers land area, which is slightly smaller than the U.S. The weather is mostly tropical, but temperate in South. Its terrain is diverse and varies from the rich south to the rainforest of the north; it also has some plains, hills, mountains, and narrow coastal belt. The basin occupies more than 60% of the entire country and brings plentiful of rain, and summer is Brazil’s rainy season. History By adventurous leader Pedro Cabral, Brazil became a colony of Portuguese in 1550 and last for more than three centuries. Meanwhile, the indigenous native Indian has tapered. Brazil gained its independence on 7th September in 1822 with a constitutional monarchy, and abolished slavery in 1888 and the subsequent proclamation of a republic by the military next year. In 1985, populist and military government turned into civilian rulers peacefully. In 1988, Brazil National Congress brought forward and enacted a new constitution that upheld the presidential system while simultaneously spreading around political power. The Constitution is made up with 250 permanent articles and 94 provisional articles. Political and Legal system Brazil is formed of a handful...
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...Brazil & Gross Domestic Product ECON224-1102A-11: Macroeconomics May 22, 2011 Abstract As an employee of the World Bank, I have been asked to research an economic concern in a South American country and write a report on my findings. The country I selected is Brazil. I chose to research data sets for the economic concern, Gross Domestic Product (GDP). In this report I will discuss the relationship between GDP and Brazil’s economy and trends in data sets, which are supported with statistical evidence. The Federative Republic of Brazil, commonly known as Brazil, is the largest country in South America and the world's fifth largest country by geographical area and by population. With over 190 million people it is the largest Portuguese-speaking country in the world and the only one in the Americas. There are only two countries in South America that Brazils borders do not touch, Ecuador and Chile. “Its current Constitution defines Brazil as a Federal Republic,” (Wikipedia, 2011). According to the International Monetary Fund and the World Bank (2011), the Brazilian economy is the world's fastest growing ranking as the eighth largest economy at market exchange rates and the seventh largest by purchasing power parity (PPP). Its current GDP (PPP) per capita is $10,200, putting Brazil in the 64th position according to World Bank data. The gross domestic product (GDP) is one of the measures of national income and input for a given country's economy. GDP is defined as the...
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...The intention of this paper is to discuss about the advantages and disadvantages for Ecuador if it becomes a member of the Mercado Común del Sur (Mercosur). Currently, the world is going through a change in important ways in the economy, the importance of belonging to an economic bloc is that through this you can get "mutual benefits in international trade" The Mercosur as we know is a South American economic bloc that “is integrated by Argentina, the Federative Republic of Brazil, the Republic of Paraguay, the Oriental Republic of Uruguay and the Bolivarian Republic of Venezuela” (Exhibit 1). The countries that belong to the MERCOSUR are differentiated by the alliance of values held and reflected in its democratic and pluralistic societies, the protection of human rights, the environment and sustainable development. MERCOSUR is also committed to strengthening democracy, eradicate poverty and strengthen the economic and social development of the members with equity. In recent years the President of Ecuador Econ. Rafael Correa expressed his desire to become a member of this economic bloc, but what does it mean to Ecuador to join to this organization? This economic bloc offers attractive proposals for countries; among them is the establishment of a common external tariff, plus the free movement of goods and services between the member countries. For a developing country like Ecuador, it is difficult to make the decision of belonging to an economic bloc, as it must evaluate...
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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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...Brazil, officially known as the Federative Republic of Brazil, is the fifth largest country in the world, in terms of both population and area, and the largest country in the Latin America and South America region. With a population of more than 200 million people, Brazil ranks seventh in the list of the largest economies in the world and is home to a variety of natural resources, natural environments and wildlife.. Brazil is one of the fastest growing markets in South America and the automaker wants to capitalize on the growth with its products. The Brazilian market is very similar to India and Bajaj motorcycles will surely see a demand in the commuter segment space. Brazil, which is hosting the World Cup this year, is slated to host the next Olympic Games in 2016. It has an estimated market of 2 million two-wheelers per annum. “Brazil is not only the largest market in Latin America but also technically different from other markets as it uses ethanol. Initially the company may bring in products from India or utilize the Columbian plant for Brazil. While eventually it plans to build a manufacturing facility in Brazil, Munjal did not give any specific timeline for doing so. “Besides we are also looking for a partner in Brazil,” he added. Cultural, Administrative, Geographic and Economic Analysis of Brazil Culture * Power Distance * Represents how employees with less power view power as being equal or not equal * Brazil ranks average with the majority of Latin American...
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...Greece and Brazil: A Comparison of the Costs and Benefits Associated with Free Trade Policies and Restrictive Trade Policies. Introduction The countries of Greece and Brazil have experienced unique situations in both economic conditions. These situations brought about significant changes in policy, which resulted in several events having both negative and positive impacts on each country’s development, and most importantly, international trade. This paper will also examine the economic structure of both Greece and Brazil, while identifying the similarities and differences of these structures. Greece became a member of the European Union in the 1980’s and participated in the free trade environment that was and is a representation of the EU. Brazil, on the other hand, practices protectionism which also had both a negative and positive impact on the country. This paper looks at both the positive and the negative impacts of each country’s trade policies and practices. Historical Insight A Brief History of Greece Greece (The Hellenic Republic) is located on the far south of the Balkan Peninsula, and consists of over 1400 islands, the largest of which is Crete, and the capital is Athens. Greece has a population of around 11 million people as at 2013, according to the World Bank. Its GDP is 242.2, GDP growth -3.3% and inflation is -0.9% as also confirmed by the World Bank in 2013, see Table 1. Greece has a parliamentary democratic system, the main political parties are ...
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...Cultural Aspects of Doing Business in Brazil When doing business in global environment, being aware of impact of cultural differences is one of the keys to international business success. Since cultural differences will affect you and your business success directly. Accordingly, knowing the cultural differences between target country where to startup business and home country is a significance factor to sustain the business. Here are some facts about Brazilian Cultures’ components. Brazil’s official name is Federative Republic of Brazil but even its citizens do not prefer using whole name. According to last research the population is roughly 200 million and estimated to be growing at about 1.6 percent per year. Young population has a significance share over population. Since 62% of Brazilians are under 29 years of age. Brazil has six climatic regions: tropical rainforest, tropical wet and dry, tropical monsoon, hot semiarid, humid subtropical and subtropical highland. Although most of Brazil lies in the tropics, more than 60 percent of the populations live in areas which are cooled either by altitude, sea winds or polar fronts. While the coastal cities of Rio de Janeiro, Recife and Salvador can get extremely hot, plateau cities such as São Paulo, Brasília and Belo Horizonte have mild climates, and the southern cities of Porto Alegre and Curitiba have mild winters. It is extremely important to know for foreign businessman because climate is as important as culture. For example...
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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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...|[pic] |Brazil Country Profile |[pic] | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ...
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...(a)Forces that exist in the business and cultural environment of the country: Economic, Socioeconomic, Political, Legal, Financial and Labor. ECONOMIC FORCE: Economic Indicators | 2013 | 2014 | GNI, PPP | 3,163,865,194,242 | 3,212,749,599,240 | GNI/per capita, PPP | 15,490 | 15,590 | GDP | 2,392,094,501,287 | 2,346,118,175,194 | GDP growth (%) | | 0.1 | Inflation, GDP deflation (%) | | 6.9 | Agriculture/ value added (% of GDP) | 5.6 | 5.6 | Industry/ value added (% of GDP) | 24.4 | 23.4 | Service/ value added (% of GDP) | 70.0 | 71.0 | Exports of goods and services (% of GDP) | 12.0 | 11.5 | Imports of goods and services (% of GDP) | 14.4 | 14.3 | GDP Forecast Inflation Forecast Level of development: Developing Top industry: Textile, Cement, Shoes, Chemicals SOCIOECONOMIC FORCE: Socioeconomic indicators | 2013 | 2014 | Total population (million) | 204,259,377 | 206,077,898 | Population growth (%) | | 0.9 | Population density (people per square) | 24.4 | 24.7 | Fertility rate (children born per woman) | 1.8 | 1.79 | Life expectancy (years) | 73.9 | 73.28 | Income level: upper-middle income Below Poverty Lines: 8.5% of population Population distribution: The population is divided mainly in big cities like Sao Paulo ( 19.924 million); Rio de Janeiro (11.96 million); Belo Horizonte (5.487 million); Porto Alegre (3.933 million); Recife (3.733 million); Brasilia (3.813 million) Sex ratio: At birth: 1.05 male(s)/female ...
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...PESTEL Brazil Why Brazil? * Brazil is politically stabile and has democratic rules achieved under the presidencies of Fernando Henrique Cardoso and Luiz Inácio Lula da Silva. * Brazil has a diversified and growing economy that plays a significant role in the global economy. Brazil is the largest economic power in Latin America and the world’s 10thlargest economy. * The country is open to and encourages foreign investment by implementing investor-friendly policies. The country is one of the world’s leading destinations for foreign direct investment. * Brazil is the fourth biggest producer of gold in the world. It has abundant reserves of natural resources and many regions are still unexplored which make the country an attractive location for mine development. * Brazil has an established Civil Law system and a modern mining legislation. * The country is a green energy leader, renewable energy supplying nearly 45% of the country’s energy needs. * Expanding into Brazil will allow Newmont to reinforce its presence in South America where its competitors are already well established. PESTEL Analysis Political Type: Federative republic (with 26 states and a federal district) Independence: September 7, 1822. Constitution: Promulgated October 5, 1988. Branches: Executive–president (chief of state and head of government popularly elected to no more than two 4-year terms). Legislative–Senate (81 members popularly elected...
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...Ventakaramany Individual Research Project McDonalds in Brazil November 24th 2013 McDonalds Introduction McDonald's is a company responsible for an international fast-food chain, being the second largest network in the world in the area, just behind Subway network. The term also refers to the brand of this company, which transcends and reveals inserted in contemporary mass culture. The network was founded in April 1955 in Illinois, USA. It currently sells about 190 burgers per second in the world, with a new store being opened every ten hours. Between 1955 and 1993, its 14,000 stores sold 80 billion sandwiches. Alongside brands like Coca-Cola McDonald's is considered one of the most widespread international symbols of capitalism. Its most famous product is the sandwich known as Big Mac. (http://pt.wikipedia.org/wiki/McDonald's) Arcos Dorados, the largest McDonald's franchise in the world, added profit of nearly $ 20 million in the third quarter of this year. In Brazil, the network operation achieved sales of 444.5 million dollars, similar to that achieved a year earlier amount. The Brazilian market represented, between the months of July to September, 44% of total company revenues, which totaled revenues of $ 1 billion in the period, up 6.2% compared to 2012. Currently, Arcos Dorados has almost 2,000 restaurants, 2,157 dessert centers and 344 McCafé units operating in 20 countries where it operates. In Brazil, the network has 762 units functioning. The company said...
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...Doing Business in Brazil Transfer Paper: International Management Project: Investing in Real Estate Florent Carayon 1 1 – What is the Business Environment in Brazil? a) Over all idea about the country: The word "Brazil" comes from Brazil wood, a tree that once grew plentifully along the Brazilian coast. * Brazil, officially the Federative Republic of Brazil, is the largest country in both South America and the Latin American region. It is the world's fifth largest country, both by geographical area and by population. • • • • • • • • • • • • Capital: Brasília Dialling code: +55 Currency: Brazilian real President: Dilma Rousseff Official language: Portuguese Life expectancy: 74 Over All Idea about the Country Currency: Brazilian real (BRL, R$) Population Total: 200.4 Million Fiscal year: Calendar year Trade organisations: Unasul, WTO, Mercosur, G-20 and others GDP: $ 2.246 Trillion (2013), rank: 7th GDP growth: 2.3%. b) Business environment: The Federal Republic of Brazil is the fifth largest country in the world in terms of population (196 million) and size. It is the 8th largest economy (by GDP – purchasing power parity) in the world. Already the 8th largest economy in the world, Brazil has undoubtedly arrived at an important crossroads. Not only is its population rising by approximately two million people a year, but the inexorable shift towards mass urbanisation continues unabated. UN estimates predict that by 2015, 33...
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...Spain Spain officially the Kingdom of Spain is a sovereign state and a member of the European Union located in southwestern Europe on the Iberian Peninsula. Its mainland is bordered to the south and east by the Mediterranean Sea except for a small land boundary with the British Overseas Territory of Gibraltar; to the north and north east by France, Andorra, and the Bay of Biscay; and to the northwest and west by the Atlantic Ocean and Portugal. Spanish territory also includes the Balearic Islands in the Mediterranean, the Canary Islands in the Atlantic Ocean off the African coast, and two autonomous cities in North Africa, Ceuta and Melilla, that border Morocco. Furthermore, the town of Llívia is a Spanish exclave situated inside French territory. With an area of 505,992 square kilometres (195,365 sq mi), it is the fourth largest country in Europe. Spain is a democracy organised in the form of a parliamentary government under a constitutional monarchy. It is a developed country with the twelfth largest economy in the world by nominal GDP, and very high living standards, including the tenth-highest quality of life index rating in the world, as of 2005. It is a member of the United Nations, NATO, OECD, and WTO. Foreign relations Main article: Foreign relations of Spain After the return of democracy following the death of Franco in 1975, Spain's foreign policy priorities were to break out of the diplomatic isolation of the Franco years and expand diplomatic relations, enter...
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