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Irving, Texas (PRWEB) July 07, 2012
Over the past decade, Brazil’s political stability and sound government policies have supportedthe nation’s economic growth. As one of the more stable and prosperous countries in Latin America, Brazil had a GDP of US $2.47 trillion in 2011,largely driven by its recovery in its export activities. Brazil’s economy is anticipated to reach a GDP of $3.17 trillion in 2017 with a CAGR of 4.3% over the next five years.
Lucintel, a leading global management consulting and market research firm, has analyzed Brazil’s political, economic, social, technological,legal,and environmentalsituation and presents its findings in “PESTLE Analysis of Brazil 2012-2017.”
The Brazilian economy is vexed by steep interest rates and a high tax rate structure. While high taxes are increasing the price of goods and services produced in Brazil, the interest rateshave suppressed the growth of the real estate and automobile sectors, among others. Another major challenge for the Brazilian economy is the regional economic disparity present in the country. Brazil faces many challenges in terms of income inequality and the nation’s high crime rate.
A stable Brazilian government and its economic reform policies, however,are anticipated to steer the economy through its trials, leading to economic growth over the long term. The current and projected economic situations in Brazil make it one of the more favorable destinations for investments in various sectors such as energy, automotive, retail, and construction.
Strong domestic demand is a key driver for the Brazilian economy. Brazil's large population offers the basis for a strong work force thatrepresents a solid driver for the country’s economic development. The country’s natural resources also contribute to Brazil’s economic growth. Brazil is the fastest-growing economy in Latin America and has the largest number of sectors open for Foreign Direct Investment (FDI). With new economic policies, Brazil is attracting more FDI and foreign institutional investors.
This research study is designed and intended for use by new entrants into the market, manufacturers, OEMs, investors, executives, and consultants focused on the economic markets of Brazil.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit http://www.lucintel.com.