The Human Development Index And Gini Coefficient

Referring to Document C, only a tiny region of Brazil, called Brasilia, has a GDP per capita greater than $20,000. Other regions have a GDP per capita less than $20,000, with a majority of them being $15,000 or lower(Document C). This truly shows that the majority of Brazil is struggling to make ends meets,—evident in Document D where it shows that 66% of the population is either poor or struggling, earning $10 or less a day——mostly because of the overreliance on industries that do not actually benefit each region. From the map in Document C, we can see that many of the regions focus on mining, which sprawls across each region, but the problem lies in the fact that the owners of these mines are earning the money while the brazilians do the work, but these mine owners do not actually live in Brazil, and therefore, fail to contribute to the region’s wealth. In contrast, lucrative industries such as manufacturing and industry are only sparsely distributed across small but more wealthy regions of Brazil.

The Federative Republic of Brazil is Latin America's biggest economy and is the fifth largest country in the world in terms of land mass and population with about 192 million people. Brazil’s economy, the 6th largest in the world, grew 2.7% in 2011. Growth slowed due to reduced demand for Brazilian exports in Europe and Asia, despite solid domestic demand and a growing middle class.

Corruption in Venezuela has prevalent since the nation gained independence in 1821. But, corruption rose to unforeseen levels during Hugo Chavez’s presidential era. Hugo Chavez was president of Venezuela for 11 years. “There is no exaggerating the extent of Venezuela 's decline and fall. The wealthiest country per capita in Latin America is sinking deeper and deeper into what must inevitably be bankruptcy, as everything fiscal goes wrong.” (Thomson, 2010) He came into power with the intentions of making Venezuela a socialist nation. His impact on the nation of Venezuela has touched every aspect of the society from economics to the quality of living. His extreme, radical ideology mirrored those of the Cuban socialist revolution. Nationalization of assets and equal distribution of wealth among the nation sounds like an ideal plan, but what went wrong? Was it the decrease in oil production, investors or private businesses? Or, did the inflation and decreasing value of the currency finally catch up to the nation? It is important to note that Chavez pulled his support from the lower and middle class. His neglect of the rich made it easier for his socialist ideals to merge into Venezuelan society. During Hugo Chavez’s 11-year reign, how did his radical changes affect Venezuela’s economy nationally and globally?

Throughout the 1950s, Brazil continued to see a great deal of economic growth under President Juscelino Kubitschek and his vice president Joao Goulart. Goulart had previously been Vargas’ Minister of labour and was unpopular with the military because he was viewed as dangerously left wing. He was on the ticket because of the coalition between the Labour Party and the Social Democratic Party that had brought Kubitschek to power. (Calvert 1990, 127) Kubitschek unleased a program of accelerated progress that aimed at “fifty years of progress in five,” but despite making Kubitschek a popular leader, even at the end of his term, he left the country with high inflation due to the debts take on to help industrialize. His successor’s attempts to address the situation were hugely unpopular with the poor and he left office less than a year after election, and he was replaced by Goulart. (Wiarda 1996, 122-124)

Given this transition in the energy sector, a study published by Wood Mackenzie, has labeled Brazil has one of the most economically robust provinces in the world, with a predicted increase

The corruption culture in Brazil affects not only our health system, but security and education as well and if it ends, we’ll have a wonderful place to

Brazil, like many Latin American nations, is a country undergoing rapid change. The nation’s push to transition from newly industrialized to develop country has forever altered Brazil’s physical geography, level of development, and economic activity.

Taking a look at the history of the Brazilian government can help readers to understand the how development affects low-income countries.“Most recently, Brazil seems once again to be benefiting from globalization while simultaneously being challenged by it. The country has seen a commodity boom and rising incomes from exports but is also facing increasing competition from China, for example, in a variety of areas. Connections to the global economy must be seen as partly (but not wholly) responsible for many of Brazil’s booms and busts alike, and responsible for many opportunities as well as inequalities”. As the reader finishes chapter five they should establish a deeper knowledge in the social indicators that influence development. Not all causes of development lead to social are economic

As the population of Latin America and the Caribbean ballooned to 190% increase in 1995, the living conditions of these people have steadily deteriorated. In 1990, 40 percent lived in poverty. The region’s per capita gross domestic product (GDP) had declined since 1980. On the contrary, while the majority of Latin America suffer deprivation, a tiny benefit from economic boom brought about in large measure by the selling of public assets and the opening of the region’s labor market to multinational companies. U.S. corporations and their subsidiaries earned $16.2 billion in profit in 1995.

During the 20th century Latin America went through a change after the U.S made the clam to directly defend Latin America. This caused a sudden trade switch from the Europe nation to the U.S. With this trade switch we start to see a big gap between the lower and upper class. With this gap the poor gets poorer and the rich become Carlos Slim. Carlos Slim was the world’s richest person form 2010-2013 and is a perfect example on how the upper class becomes billionaires. The wealth Disparity can also be seen in area like Sao Paulo, Brazil with their slums. With this wage gap crime started to flourish in Latin amerce along with corruption. Some of the best example of crime and corruption are the Colombian drug cartels with their wide spread murder and bribery tactics.

The process of integration of economies around the world, known as globalisation, has catalysed the development of Brazil as a powerful emerging economy, through the expansion of trade and investment. Emerging countries are defined as those progressing toward becoming more advanced, through rapid growth and industrialisation. Consequently, Brazil’s rapid economic growth has secured its place in BRICS, an association of five major emerging economies, Brazil, Russia, India, China, and South Africa.

The primary question that Brazil faces as it moves into the 21st century is whether the Brazilian style of capitalism, which harnessed their economy towards growth as a developing economy, is sufficient to drive them as a developed country. Averaging 3.8% GDP growth over the last decade, this transition seems inevitable; Brazil has shifted from an agricultural giant to a country in which 90% of the population works in the industrial and service sectors. However, as they make this conversion, they must examine their economic policies to ensure that they are still applicable and advantageous. For example, Brazil must keep promoting their industrial policies. Brazil may fall back into a commodity-driven economy if raw

During the 20th century Latin America went through a change after the U.S made the clam to directly defend Latin America. This caused a sudden trade switch from the Europe nation to the U.S. With this trade switch we start to see a big gap between the lower and upper class. With this gap the poor gets poorer and the rich become Carlos Slim. Carlos Slim was the world’s richest person form 2010-2013 and is a perfect example of how the upper class becomes billionaires. The wealth Disparity can also be seen in areas like Sao Paulo, Brazil with their slums. With this wage gap, crime started to flourish in Latin amerce along with corruption. Some of the best examples of crime and corruption are the Colombian drug cartels with their widespread murder and bribery tactics.

Globalisation refers to the integration between different countries and economies and the increased impact of international influences on all aspects of life and economic activity. Brazil is one of the fastest growing economies and superpower of South America. In the recent decade Globalisation has allowed Brazil’s economy to sustain stable economic growth, this was proven when Brazil experienced a very mild recession during the Global Financial Crisis of 2008. Due to the high levels of economic growth as well as increases in GNI per Capita Brazil’s government has also been able to implement successful macroeconomic policies that have allowed for consistent economic development.

There are many significant change in the world economy occurred, marked by globalization each country has different speed of development under different political and cultural background. During this period, Such as the United States of America 's economic status from the rapid development to the decline, then move to the current stable trend. Brazil, Russia, India, China, which named ‘BRCIS’ those developing countries’ economic performances are very catch the attention in recent years. The decline and rise of these countries ' commercial economy are closely related to their political culture. Therefore, it attracted the attention of scholars and research circles.