Brazilian economy

Brazil is the world's ninth largest economy in purchasing power parity 1.836 trillion U.S. dollars, in 2007 estimates. Brazil's economy than in other South American countries. Brazil is a member of a number of economic organizations: the United States States, the Cairns Group and the Southern Common Market. Its most important trading partners are: the United States, Asia and South America. Brazil is the world's freest economies in the 70. In 2005, Brazil's inflation rate is low and enjoy the financial and external balance. In 2007, economic growth, steady growth, reaching 5. 4%.

Brazil's industrial sector is the second largest U.S. art. Production of computers, petrochemicals, automobiles, consumer durables and aircraft. 35% of the gross domestic product, industry accounted for. Brazil's deep-water oil field survey, 73 percent of the reserves extracted. The technology sector is very developed, a variety of aircraft, submarines, space research, this is the first South American country to establish an International Space Station.

In 2004, production of the agricultural sector gross domestic product of 10 to go. 2%, to 10. 4%. Pay special attention to family agriculture. Residents of rural areas to help accreditation procedures and research. Innovation is the young farmers and women, especially credit. Has taken measures to rebalance the economy. In the tax and social security have also been reformed. Local, state and federal laws, administrative control of public expenditure. Industry, trade and exports will contribute to the adoption of specific policies.

Although Brazil is a very powerful country in South America, from the industry perspective, the economy has not yet deal with its poverty levels. Recent studies have shown that poverty affects 50% of the population of Brazil. Poor rural areas dominated by the 20 percent of the total population to live. In Latin America, poverty is most concentrated in the north-east Brazil. There are 4 million farms in Brazil, most of them are very small.

Scientific and technological revolution and change, so that people are still unemployed and migration to find employment. Most farms are still in the care of women and children, as men look for seasonal labor migration to the rest of the country. Many children are forced to work an early age so that their families some money. Efforts have been made in Brazil, with a significant reduction in poverty and HIV risk purposes.

Tags: Asia, Brazil, east Brazil, Economy, Latin America, poverty, purchasing power parity, South America, South American, Southern Common, southern common market, Space Station, U.S., United States