Brazil's Development Essay

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Brazil is the most populated country in South America and the fifth most populated in the world. The young make up more than half of the population, 62 per cent of which are 29 years old ( For 2010 the population growth is has declined from 2.9 in 1960 to 1.166 in 2010. This decline can be attributed to the population adapting to the urban economic trends. Brazil’s economy has shown many changes in trends over the past years in various economic areas. Reports from the World Bank (2010) state that the country is one of the world’s largest net exporter of food; particularly beef, sugar, chicken and orange juice. Brazil’s agriculture and food products account for approximately 35% of their overall exports. These agricultural…show more content…
The country has seen a great migration pattern from the rural to the urban cities and from the south east to north eastern cities. As a result, the North-east is said to have the poorest areas while on the other hand, part of the South-east has the wealthiest. Deforestation has been an issue in the country’s economy. However, Brazil’s National Institute for Space Research has shown that there has been a significant decrease in the deforestation in the Amazon since 1998. The organization states that this decline is partially attributed to businesses refusal to support products like soy and beef from regions that have been deforested. Brazil’s Human Development Index (HDI) is 0.669 with a rank of 73. The World Bank’s county director for Brazil states that: “between 2003 and 2009, poverty (PPP $2 per day) has fallen from 22 percent of the population to 7 percent.” The income levels of the poor have shown significant increase, much more than that of the rich. The poor’s income has risen seven times higher than the rich and three times the national average. This decrease in poverty shows progressions in the country’s economy and implies that the governmental strategies are working effectively in this case. Overall economic simulation and various governmental programs including Bolsa Familia (Family Grant) are among the contributing factors to the
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