Country and Culture Research
City University of Seattle
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
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