The Pros And Cons Of Voting In Brazil

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The beautiful country of Brazil is home to over 200 million people, compared to the nearly 320 million residents found in the United States. Brazil is the target of much curiosity in the business community possessing both the largest population and the largest land mass in South America, covering nearly half of the continent. It borders every nation on the continent except Chile and Ecuador. Brazil has abundant natural resources, a young and energetic workforce and a wide variety of opportunities in the business sectors.

In the past decade, Brazil has worked hard to stabilize inflation, decrease the unemployment rate and increase growth for the growing middle class. Analyzing Brazil’s STEEP factors will provide some insight to the many factors
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Citizens that do not participate in the voting process may have difficulties when obtaining a passport, bank account or credit facilities. The divisions between left-oriented and right-oriented administrations still exist; there are signs of citizen weariness with current governments, the status quo and the failure to resolve some of the problems that residents face in everyday life, such as education and transportation. Most recently, when Brazil took the world stage as host of the FIFA World Cup games, much of the middle class took to the streets to voice the frustrations with the government’s mis-management of spending and the high burden of the taxes for citizens.

As Brazil is increasing its economic leverage within the global market space, the government is growing more protective of the security of infrastructure of the local business base. ‘Made in Brazil’ is actually part of a new campaign to promote products and technologies that are manufactured locally. Part of this new law favors indigenous growth by allowing domestic manufacturers to bid on government contracts up to 125% of foreign contractors and still retain the business.
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