Brazil’s flourishing economy makes for a productive business venture from foreign investors. Due to its high GDP, Brazil proves to be a moderately certain potential asset. Ranked 8th overall by cia.gov, with a GDP (PPP) of over 3 trillion U.S dollars, Brazil economically dwarfs all of the other south American countries it competes with. This combined with a low cost of living and operating makes it a great place to do business. Since 2008, Brazil has become a net external creditor and all three of the major ratings agencies awarded investment grade status to its debt. Although growth rate has slowed the past two years, the middle class is still rapidly expanding and the unemployment rate continues its historic low of under 5%, both of which lead to a higher marginal propensity to consume.
Brazil’s location and large population add to their already strong influence throughout South America which make it a dependable investment for trade and commerce between other countries. Brazil is expected to become the fifth largest economy in the next decades due to its …show more content…
Hosting the world cup this summer was a huge boost to the Brazilian economy. Recently hosting the Olympics, and prior to that the world cup, has not only boosted the economy, but it has also brought attention from other countries around the world and businesses too, however due to the recent problems with corruption few businesses have taken the risk of migrating to Brazil. The impeachment of president Dilma Rousseff on August 31st has marked the opening of the window for foreign businesses. The people of Brazil have seen that even the president isn’t safe from prosecution for corruption, which has led to a huge decline in corruption. With no heavy hitters in their market currently, now is the time to invest and
Brazil’s location and large population add to their already strong influence throughout South America which make it a dependable investment for trade and commerce between other countries. Brazil is expected to become the fifth largest economy in the next decades due to its …show more content…
Hosting the world cup this summer was a huge boost to the Brazilian economy. Recently hosting the Olympics, and prior to that the world cup, has not only boosted the economy, but it has also brought attention from other countries around the world and businesses too, however due to the recent problems with corruption few businesses have taken the risk of migrating to Brazil. The impeachment of president Dilma Rousseff on August 31st has marked the opening of the window for foreign businesses. The people of Brazil have seen that even the president isn’t safe from prosecution for corruption, which has led to a huge decline in corruption. With no heavy hitters in their market currently, now is the time to invest and