Should Brazil Become A Superpower
I have decided to study what evidences can be used to verify that Brazil will be a superpower, because I think it is a very fascinating issue and for many years people have been saying that Brazil will become a superpower in the future.
I personally don’t think that Brazil will be a superpower on the future because it is a country with lots of inside countries problems, such as poverty, corruption, crime, infant mortality, and lack of education. These problems are very difficult to solve, considering that this happens in other countries of South America (see appendix, figure 1), it is difficult to get completely rid of them.
But what is in real a global superpower? Without having done any research and just by my knowledge, I would say that …show more content…
But since 2003, Brazil has constantly improved its macroeconomic stability, which means that its sustained growth has increased, and it has also reduce its debt profile (see appendix, figure 12). In 2008, it became an external creditor due to, reserves exceed approximately 4 millions dollars to the total public and private debt in January 2008, making a positive effect in its economy. Here, the country were in its best moment and experts thought that it will become a global superpower as all the aspects pointed a very good future for Brazil. But, the brazilian economy gets hit by the global financial crisis in 2008, and as a result, the country was hit with a decline of economic, commercial and industrial activities, as the global demand for Brazil’s exports based on raw materials were reduced. Nonetheless, Brazil was one of the first countries to rehabilitated its economy. In 2010, this country reached its higher growth GDP with 7.5% as a consequence of an accelerated economic growth and a coin with higher value against the dollar. Since 2011, GDP has growth slowly, due to low productivity in the country, high inflation and low levels of investment in the country. High inflation has been as a consistent of a rapid increase in the cost of production leading to a rise in the price of goods and services, in order to the decrease …show more content…
First thing that they need, to be a superpower is a large number of population, Brazil has the fifth largest population in the world with 191.9 million inhabitants (2011), only 10% of the population is over 60 years (2010), and it is predicted that in 2020, just 15% of the population is over 60. This means, that has mostly a young population that makes a positive impact in its economy by working in its own country, that as the same time is telling us that there is little youth unemployment. Therefore, in a country with a population pyramid (see appendix, figure 9) like Brazil’s one, where older people are subsidized by the state through pensions and other benefits, this is possible thanks to the great number of young people working in their country. Therefore, the more young people working and lower the number of people over 60, the better the economy of the
I personally don’t think that Brazil will be a superpower on the future because it is a country with lots of inside countries problems, such as poverty, corruption, crime, infant mortality, and lack of education. These problems are very difficult to solve, considering that this happens in other countries of South America (see appendix, figure 1), it is difficult to get completely rid of them.
But what is in real a global superpower? Without having done any research and just by my knowledge, I would say that …show more content…
But since 2003, Brazil has constantly improved its macroeconomic stability, which means that its sustained growth has increased, and it has also reduce its debt profile (see appendix, figure 12). In 2008, it became an external creditor due to, reserves exceed approximately 4 millions dollars to the total public and private debt in January 2008, making a positive effect in its economy. Here, the country were in its best moment and experts thought that it will become a global superpower as all the aspects pointed a very good future for Brazil. But, the brazilian economy gets hit by the global financial crisis in 2008, and as a result, the country was hit with a decline of economic, commercial and industrial activities, as the global demand for Brazil’s exports based on raw materials were reduced. Nonetheless, Brazil was one of the first countries to rehabilitated its economy. In 2010, this country reached its higher growth GDP with 7.5% as a consequence of an accelerated economic growth and a coin with higher value against the dollar. Since 2011, GDP has growth slowly, due to low productivity in the country, high inflation and low levels of investment in the country. High inflation has been as a consistent of a rapid increase in the cost of production leading to a rise in the price of goods and services, in order to the decrease …show more content…
First thing that they need, to be a superpower is a large number of population, Brazil has the fifth largest population in the world with 191.9 million inhabitants (2011), only 10% of the population is over 60 years (2010), and it is predicted that in 2020, just 15% of the population is over 60. This means, that has mostly a young population that makes a positive impact in its economy by working in its own country, that as the same time is telling us that there is little youth unemployment. Therefore, in a country with a population pyramid (see appendix, figure 9) like Brazil’s one, where older people are subsidized by the state through pensions and other benefits, this is possible thanks to the great number of young people working in their country. Therefore, the more young people working and lower the number of people over 60, the better the economy of the