Brazilian Political Economy K-12 Teach Brazil Workshop 2 October 2010 Villanova University Tony Spanakos Montclair State University

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Presentation transcript:

Brazilian Political Economy K-12 Teach Brazil Workshop 2 October 2010 Villanova University Tony Spanakos Montclair State University

General Information I Largest in South America 5th largest in the World 3rd/4th largest democracy 8th largest economy in the world 9th/10th Largest in purchasing power GDP per capita roughly 7400 USD 107th in purchasing power per capita 10,7000 USD Latin America- 35% of population, 40% of GDP

General Information II Agriculture 6.5% of GDP Industry 28.4% of GDP Services 68.5% of GDP Unemployment 8% Poverty 28% USD ppp per person 22% in 2003 – down to 9% in 2008 Gini 54 (10th in world) Investment 17%

History Colonial Brazil ISI, Milagro New Republic

Economics of Stabilization YearJanuaryNovember (Aug) Monthly Inflation in Brazil (as a %)INPC YearInflationYearInflation Annual Inflation (IPCA)

Economics and Stabilization YearJanuaryNovember (July) Brazil RiskIn Basis Points(15th of month) YearJanuaryNovember * * (sep 23) C-Bond, * Republic Bonds Public Sector Debt (as % of GDP)

Crisis 2008? yearReserves USD billions Set YearFiscal Account As % of GDP ,

BRICs

Poverty and Inequality YearGINI index YearGINI Index YearUnemploymentYearUnemployment 1994 Jan82002 Nov Nov Jan Jan Nov Nov Jan Jan July9.4

The Future of the Country?