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Brazilian Political Economy

Brazilian Political Economy. Tony Spanakos Montclair State University spanakos@gmail.com. K-12 Teach Brazil Workshop 2 October 2010 Villanova University. General Information I. Largest in South America 5th largest in the World 3rd/4th largest democracy

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Brazilian Political Economy

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  1. Brazilian Political Economy Tony Spanakos Montclair State University spanakos@gmail.com K-12 Teach Brazil Workshop 2 October 2010 Villanova University

  2. 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

  3. 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%

  4. History Colonial Brazil 1822-1889 1889- ISI, Milagro New Republic

  5. Monthly Inflation in Brazil (as a %)INPC Annual Inflation (IPCA) Economics of Stabilization

  6. Public Sector Debt (as % of GDP) Economics and Stabilization

  7. Crisis 2008?

  8. BRICs

  9. Poverty and Inequality

  10. The Future of the Country?

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