School of Management
International Business Professor: Stephen Gasser
Country and Culture Research Assignment By: César Antonio Beltrán Badilla
October 21, 2011
Brazil, as the BBC mentions it, is “South America's most influential
country, an economic giant and one of the world's biggest democracies.” Brazil is a Federative Republic organized in three separate branches: executive, legislative and judiciary. Its legal and complete name is the Federative Republic of Brazil. It is divided administratively into 26 states and the Federal District that contains the capital of the country, Brasília.
Brazil is one of the largest economies in the world, but it is still a developing country offering great opportunities for investment, partnerships and commerce. It is one of the rising economic powers, otherwise known as BRIC nations, together with Russia, India and China. As a growing country it naturally faces some difficulties. Nevertheless, these do not reduce its market attractiveness. Experience has shown that the foreign capitals invested there have yielded compensatory returns even when the economy is not bubbling with dynamism. The discovery of major offshore oil reserves could propel the country into the top league of oil-exporting nations.
Brazil has a codified legal system and, as a federative republic, its rules and regulations are established by the Federal Government, the States, the Federal District and the Municipalities, all of them guided by a president. The President is elected by direct vote for a term of four years, reelection being permissible.
The President has a broad range of powers, including the right to appoint
ministers of state and top- echelon executives to selected administrative and political posts. Last year, Brazil experienced a new and noticeable change in its presidential representation.
Dilma Rousseff is the first woman to be elected as Brazil's president. She is former chief of staff to, and favored successor of, outgoing president Luiz Inacio Lula da Silva. In the October 2010 elections to succeed President Lula, she narrowly failed to win an outright majority in the first round. Ms Rousseff came to a public image when former President Lula, selected her as his favored successor after a number of high-profile candidates were forced out by corruption scandals during his time in office.
She joined the government in 2003 as energy minister. In 2005, Mr Lula made her his chief of staff, a post she held until March 2010, when she launched her campaign for the presidency as the Workers Party (PT) candidate. During the election campaign, Ms Rousseff made it clear that she represented continuity with the Lula government, under which millions of Brazilians saw their standard of living rise.
Brazil is located in Latin America, South America to be more precise. It covers nearly half of South America as the continent's largest nation, the fifth largest country in territorial extension to me more precise. It covers an area in excess of 8.5 million km2 and its population has reached 190 million inhabitants.
It extends 2,965 mi (4,772 km) north-south, 2,691 mi (4,331 km) east-west, and borders every nation on the continent except Chile and Ecuador. Brazil may be divided into the Brazilian Highlands, or plateau, in the south and the Amazon River Basin in the north. The Amazon is navigable for ocean steamers to Iquitos, Peru, 2,300 mi (3,700 km) upstream. Southern Brazil is drained by the Plata system—the Paraguay, Uruguay, and Paraná rivers.
Here is a small economic review from one of the sources used for this assignment. Region: Latin America & Caribbean Income category: Upper middle income Population: 194,946,470 inhabitants. GNI per capita ($US): 9,390.00 DB2012 Rank: 126 DB2011 Rank: 120 Change in rank: -6 Largest city: Sao Pablo. Major language: Portuguese Mayor religion: Christianity Life expectancy: 70 years (men), 77 years...