Compare and Contrast Brazil and China as Bric Countries

After FDI inflows falling to only 345million in 1986 due to lack of confidence in Brazil’s ability to repay foreign debt, Brazil’s economic situation has been consistently improving as the government strategies for industrialisation were restructured with a movement more to funding industrialisation through FDI rather than borrowing from Foreign markets.

Brazil, officially the Federative Republic of Brazil, is located in Eastern South America, bordering the Atlantic Ocean. Brazil is the largest country in South America and covers nearly half of the continent. Cuba, officially the Republic of Cuba, is a Caribbean island located in between the Caribbean Sea and the North Atlantic Ocean. Cuba is the largest island in the Caribbean Sea and is only one hundred and fifty kilometers south of Key West, Florida. Both countries share various similarities and differences regarding their country’s population, sovereignty, territory, and government.

The economy of Brazil is in the top ten largest economies along with the United States. It is the biggest in Latin America. Actually it is the seventh largest in the world. Brazil has used its newly found economic mechanism to syndicate its outcome in South America and show more of a role in the Global Businesses. The Obama Administration’s National Security Strategy recognizes Brazil as a developing center of effect, and greets the management of the country’s joint and global issues. The United States and Brazil associations mostly have been good in the recent years. But Brazil has other strengthening relations with neighboring countries and expanding ties with nontraditional partners in the South that’s developing.

The process of integration of economies around the world, known as globalisation, has catalysed the development of Brazil as a powerful emerging economy, through the expansion of trade and investment. Emerging countries are defined as those progressing toward becoming more advanced, through rapid growth and industrialisation. Consequently, Brazil’s rapid economic growth has secured its place in BRICS, an association of five major emerging economies, Brazil, Russia, India, China, and South Africa.

Brazil is a priority market for Canada. It is a major economic power, not only in Latin America, but globally. It is Canada’s 13th largest trading partner. Bilateral trade between these countries stands at $5.9

Brazil is the seventh largest economy in the world, and represents the “B” IN BRICs, a term formulated to refer to

Economic growth occurs when there is a sustained increase in a country’s productive capacity over a period of time. Economic growth is often measured by an increase in real Gross Domestic Product (GDP). Brazil in recent years entered an economic slowdown, after a decade of strong growth in the 2000’s (averaging 4.4% between 2006 -11) underpinned by the global resources boom. Strong global demand for its commodity exports, combined with high commodity prices, helped brazil achieve sustained economic growth. This in

China is now one of the main trading partners of several countries in the LAC region, and an increasingly important source of direct investment and bilateral funding. In 2009, 7% of Latin America's exports were to China and 5% of China's exports went to Latin America. China and Latin America have experienced an impressive trade boom since 2000, increasing trade 22-fold, and today, China is the largest trading partner for Brazil, Chile and Peru. Ties between Latin America and China are now evolving well beyond just trade and moving into programs of cultural

As we see now, Brazil's economy and democratic state is starting to do some good. U.S. relations has been in good terms with Brazil. This country is beginning to be a type of role model for the surrounding Latin American countries. A kind of leader for the rest of the South American countries. As of now Brazil is considered to be in a stable mode at the moment but whether or not that will stay, has to be seen in the future, because it has a tendency to be explosive The Brazilian Economy is similar to the United States Economy in its ambition for economic growth and its attempt to cut spending after the hard hitting recession. Although there is a trade imbalance within the country, Brazil's economic growth is estimated to grow 4% over the course

I believe Brazil has numerous opportunities to become a greater force in the market as any other country. In certain ways they may have additional advantages that other foreign countries don’t have. Location and proximity to the U.S. would enable them to build a stronger relationship with the U.S. and are being situated in the same time zones, communications and working hours are equivalent to U.S. schedules. Their government is stable and their finances and the stock market are stable rendering them a solid fiscal base with which to work. They have a huge industrial sector and a huge labor force. I believe if their government invested in the skills their labor force has the way China’s government has, they could capture an even bigger market share of the outsourcing that happens in today’s global market. The videos speak to fifty five million below the poverty level, if the Brazilian government created “cities” similar to Foxconn in China, they could house that workforce, educate and hone their skills, and have the labor force at hand and ready to acquire whatever business comes their way. In addition, they would be able to set up offices for customer service centers or set up a factory to produce whatever parts may be needed. They have the workforce that would allow the same flexibility China has created, but they have not yet mastered the system to build upon their core strengths to continue

Brazil is the largest economy in Latin America and the seventh largest economy in the world with a GDP of US$2.246 trillion as of 2014. It has only been within the last few years that Brazil has begun to reap the benefits of nearly two decades of reform. A strong performance through the Global Financial Crisis (GFC) highlighted the country’s newfound stability as much of the reason for this strong performance can be traced to a series of specific policy decisions that have attacked glaring issues hindering economic growth. Brazil’s implementation of such strategies as the Growth Acceleration Plan, Bolsa Familia and My House, My Life have all encouraged and facilitated the foreign and domestic investment that has propelled Brazil’s

I found this article "Foreign direct investment: Companies rush in with the cash" on the financial times website (www.FT.com) published December 11, 2002 written by John Thornhill. The reason for choosing this article is my personal interest in the Chinese economy and its attractiveness to the foreign investors. Apart from the foreign direct investment this topic has also helped me in understanding the impact of Chinese economy on the global market.

The primary question that Brazil faces as it moves into the 21st century is whether the Brazilian style of capitalism, which harnessed their economy towards growth as a developing economy, is sufficient to drive them as a developed country. Averaging 3.8% GDP growth over the last decade, this transition seems inevitable; Brazil has shifted from an agricultural giant to a country in which 90% of the population works in the industrial and service sectors. However, as they make this conversion, they must examine their economic policies to ensure that they are still applicable and advantageous. For example, Brazil must keep promoting their industrial policies. Brazil may fall back into a commodity-driven economy if raw

There are many significant change in the world economy occurred, marked by globalization each country has different speed of development under different political and cultural background. During this period, Such as the United States of America 's economic status from the rapid development to the decline, then move to the current stable trend. Brazil, Russia, India, China, which named ‘BRCIS’ those developing countries’ economic performances are very catch the attention in recent years. The decline and rise of these countries ' commercial economy are closely related to their political culture. Therefore, it attracted the attention of scholars and research circles.

In recent years, the investment scales of foreign business are increasing stably. In 2001, the foreign direct investment was 46.8 billion dollars. In 2005, it has arrived at 85.5 billion dollars. At the same time, the form and field has changed diversification. With the China economy high speed developing and enlarging the industry field, the foreign investment will related to communication equipment, computer, bank service, insurance service, etc. so it will also increase for a long time.