Brazil Economy

Brazil Economyfederal levels, the Executive Branches control public
Brazil has the world’s ninth largest economy,expenditure. Industry, trade and exports were
with purchasing power parity at $1,836 trillion, asencouraged through certain policies.
estimated in 2007. Brazil outweighs the economy ofIn spite of the fact that Brazil is a very powerful
the other South American countries. Brazil is acountry in South America, from an industrial and
member of many economic organizations: SACN, theeconomical point of view, it still has to deal with its level
Cairns Group and Mercosur. Its most importantof poverty. Recent investigation shows that poverty
partners of trade are: the United States of America,affects 50% of the Brazilian population. Poverty
Asia and South America. Brazil has the 70th freestdominates rural areas, which are inhabited by 20 per
economy in the world. In the year 2005, Brazil wascent of the population. The largest concentration of
enjoying low inflation and equilibrium externally andpoverty in Latin America is in the North-East of Brazil.
fiscally. In 2007, economic growth grew in a steadyThere are four million farms in Brazil and most of them
pace, reaching 5.4%.are very small.
The technological revolution and transformation caused
In 2004, the agriculture sector produced more in favorpeople to remain unemployed and to migrate in search
of the total gross domestic product, increasing fromof jobs. Most farms remain in the care of women and
10.2% to 10.4%. Family agriculture is given specialchildren, as the men migrate to other regions of the
attention. Inhabitants of the rural areas are helped withcountry looking for seasonal labor. Many children are
programs of crediting, and research. The innovation isforced to work at early ages in order to make some
special credit for young farmers and women.money for their families. Efforts have been made in
Measures have been taken in order to balance theBrazil in order to considerably reduce poverty and the
country’s economy. Tax systems and Socialrisk of HIV.
security have been reformed. At municipal, state and