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Essay / Research Paper Abstract
This 5 page paper examines the Brazilian and US economies between 1985 and 2005 looking at aspects such as GDP, GDP per capital, unemployment, inflation and foreign direct investment. The bibliography cites 6 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEbrazilUS.rtf
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to a GDP per capita of $41,800, with 1% coming from agriculture, 20.7% from services industry and 78.3% from services (CIA, 2006). If we compare this to nearby Brazil,
where there have been many economic problems and the economy is still developing there is a different picture, Brazil is the 9th largest economy in the world according to the
World Trade Organisation, it has a GDP in 2005 of $1.556 trillion and a growth rate of 2.4% however the GDP per capita only works out at $8,400 (CIA, 2006).
This indicates that the country is a lot poorer and has a great deal more potential for development that the US. The make up of the GDP reflects the developing
status where 10% of the GDP comes from agriculture, 39.4% from industry and 50.6% from services (CIA, 2006). There is higher unemployment in Brazil, at 9.9% compares with 5.1% in
the US and there are also more people living under the poverty line compared with the US this was 22% in Brazil and 12% in the US (CIA, 2006) If
we look at the development of the GDP then there have been some notable shifts over the last twenty years. These are shown in table 1 Table 1 GDP for
Brazil and the US in year 2000 US dollars (billions) (Shane, 2006) 1985 1986 1987 1988 1989 1990 1991 Brazil 412.75 445.72 461.76 461.29 476.42 455.93 461.86 United States
6075.41 6280.38 6491.47 6761.53 6998.38 7120.47 7085.09 1992 1993 1994 1995 1996 1997 1998 Brazil 459.55 482.07 510.51 538.44 552.98 571.23 571.80 United States 7302.18 7497.32 7802.98 7972.80
8271.40 8647.60 9012.50 1999 2000 2001 2002 2003 2004 2005 Brazil 576.37 601.73 609.55 621.14 619.89 650.27 673.68 United States 9417.10 9817.00 9890.70 10048.80 10320.60 10755.70 11153.66 This
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