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Essay / Research Paper Abstract
This 4 page paper looks at the Brazilian economy in 2010 and how it has performed over the previous few years in order to assess general trends. These trends are then considered in the context of the retail industry. The bibliography cites 6 sources.
Page Count:
4 pages (~225 words per page)
File: TS14_TEbrazil10.rtf
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Unformatted sample text from the term paper:
the economy of the country itself and general patterns and then assess the impact in the economic concern. In this case we will assume that the student has chosen a
concern in the retail industry. The economy in Brazil has suffered in line with the global recession, but Brazil was one country which may be seen as effected
to a lesser extent compared to many other nations. In 2009 the country had a GDP of $1.499 trillion at the official exchange rate, and $2.025 trillion at purchasing power
parity rate (CIA, 2010). The real rate of GDP growth in 2009 was -0.2% but given the global climate, and a number of countries that the suffering this was a
relatively satisfactory performance. By comparison there is a general positive trend, with only 2009 so far seeing a fall, the 2008 level at purchasing parity being $2.029 trillion which was
a 5.1% increase n the previous year, which in turn was an increase in 2007 where there was a GDP of $1.931 trillion which was an increase of 6.1% on
2006 (CIA, 2010). In terms of GDP per capita, this equated to $10,200, indicating that there is still a lot room for improvement, and as such it is likely to
be an increasing market, and it appears that there is a recovery underway in 2010, the IMF has revised his prediction for GDP growth for Brazil, expected to reach a
positive rate of 2.5% for 2010 (Economy Watch, 2010) Brazil is also a country where there is a high level of population below the poverty line, estimated at 26% in
2008, the gap between the rich and the poor is very high, low 10% of the population only consume 1.1% of the goods, whereas the richest 10% assume 43% of
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