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The economic climate in Brazil has radically improved, and its government's focus on stabilizing the economy has generated miraculous results. Brazil has become an engine for job creation, which in turn has successfully brought millions of lower-income families into the middle class. As a vibrant middle class has arisen, so has consumer demand for goods and real estate within and outside of Brazil. This issue of Global Perspectives looks at how the Brazilian market has grown, its current challenges and outlook for the future, and where international money has been flowing. Ola and welcome to Brazil!
In This Issue
The economic climate in Brazil has radically improved over the last 20 years. Its years of dictatorship and runaway inflation are well into the rearview mirror, and a strong democratic government focused on stabilizing the economy has generated miraculous results. Brazil has become an engine for job creation, which in turn has successfully brought millions of lower-income families into the...
As little as twenty years ago, Brazil was a country plagued with the highest inflation rate in the world and beset by political problems, financial instability and poverty. Today it is an economic powerhouse that has surpassed the U.K. in GDP to become the world’s sixth largest economy. Brazil has become a growth engine for South America and a magnet for foreign direct investment from...
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