Name Yogesh Shetty.

Roll No. 15-I-143

Batch MIM

Learnings:-

Brazil's economy is the world's ninth-largest by nominal GDP and seventh-largest by GDP (PPP) as
of 2015.
Brazil until 2010 had one of the world's fastest growing major economies, with its economic reforms
giving the country new international recognition and influence. Brazil's national development bank
plays an important role for the country's economic growth
Brazil is a regional power in Latin America and a middle power in international affairs, with some
analysts identifying it as an emerging global power. One of the world's major breadbaskets,
Brazil has been the largest producer of coffee for the last 150 years.

Development Challenges/Plans

In just 10 years, Brazil has been able to use consistent economic growth to lift around 40
million people out of poverty.
Government investment in health, education and direct poverty reduction has played a major
role with the much-feted Bolsa Familia social assistance programme grabbing many of the
headlines.
The scheme has proved to be hugely effective, providing financial support to over 50 million
Brazilians. It has been responsible for 28% of the poverty reduction from 2002 to 2012. Bolsa
Familia is also remarkably cost effective, amounting to just 0.5% of GDP.
The global rise in commodity prices certainly helped, but it's not the only reason behind Brazil's
agricultural performance. The long-term growth in agricultural productivity has been catalyzed
by government policy and in particular, an investment in research through the activities of
the Embrapa institute.
Unlike the subsistence agriculture practiced by the majority of African smallholders, family
farms in Brazil are well integrated into lucrative export markets. Government-sponsored
research and resulting technology on crops, irrigation and maintenance has been crucial to
this success.
Brazil is redoubling efforts to boost its electricity generation capacity and wind power is high on
both public and corporate sector agenda. Brazil's Renova Energia and GE this week
announced a new $394 million agreement that will establish 230 wind turbines with an installed
capacity of 386 megawatts of energy.