I.P. Wk1 Econ Essays

840 Words Feb 8th, 2013 4 Pages
As an employee of the World Bank, you have been asked to research 1 economic concern in a South American country and write a report on your findings.
Select a South American country to research.
Select one of the following economic concerns to research:
Quantities of specific goods and services
Gross Domestic Product (GDP)
Research data sets for the 1 economic concern within the South American country that you have chosen.
In a 3–4 page report, answer the following questions:
What are relationships between the economic concern you selected and that specific country's economy?
What trends do you see in the data sets?
Support your assertions of the trends with statistical evidence.
Cite all
…show more content…
Brazil’s situation
As per CIA handbook, “Since 2003, Brazil has steadily improved macroeconomic stability, building up foreign reserves, reducing its debt profile by shifting its debt burden toward real denominated and domestically held instruments, adhering to an inflation target, and committing to fiscal responsibility. In 2008, Brazil became a net external creditor and two ratings agencies awarded investment grade status to its debt. After record growth in 2007 and 2008, the onset of the global financial crisis hit Brazil in September 2008. Brazil's currency and its stock market - Bovespa - saw large swings as foreign investors pulled resources out of Brazil. Brazil experienced two quarters of recession, as global demand for Brazil's commodity-based exports dwindled and external credit dried up. However, Brazil was one of the first emerging markets to begin a recovery. Consumer and investor confidence revived and GDP growth returned to positive in the second quarter, 2009. The Central Bank expects growth of 5% for 2010.”
GDP (purchasing power parity):
$2.025 trillion (2009 est.)
Country comparison to the world: 10
$2.029 trillion (2008 est.)
$1.931 trillion (2007 est.) note: data are in 2009 US dollars
GDP - real growth rate:

-0.2% (2009 est.) country comparison to the world: 113
5.1% (2008 est.)
6.1% (2007 est.)
GDP - per capita (PPP):

$10,200 (2009 est.) country comparison to the world:

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