This blog will follow the economic position of Brazil in the winter/spring of 2011. My purpose for this blog is to improve my knowledge of Brazil's fiscal activity as well as to inform others about this South American, economically expanding country. I want to encourage readers to contribute and comment freely.
Monday, May 9, 2011
Conclusion
The Brazilian Economy is similiar to the United States Economy in its ambition for economic growth and its attempt to cut spending after the hard hitting recession. Although their is a trade imbalance within the country, Brazil's economic growth is estimated to grow 4% over the course of 2011-2012. This South American country is on the rise along with its number one trading partner, China. The United States needs to keep this country close if it wants to retain hegemony.
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