Brazilian position on Regional Groups: Brics and Latin America
How the country is positioned in terms of economy and resources.
Goldman Sachs Group economist Jim O’Neill coined the BRIC acronym with the initials of these four large emerging economies (Brazil, Russia, India
Brazil on Latin America
The deceleration of Latin American Real GDP in the last couple of years has a more cyclical nature than structural. Nevertheless, it was also affected by the recent slowdown in emerging countries. Notwithstanding, the region is resilient to
In Brazil, inflation has decreased and already reached the values within the objective established by the government. Brazil is Latin America’s main market, representing almost 50% of the territory and 41,4% (EIU, 2017) of the economy. According to The Economist, the country's participation in the regional economy was expected to maintain its pace, or to reduce its share by 1-2%, mainly due to the Mexican and Colombian rise in the period, making Brazil fall from the previous 37%, standing in 35% in 2015, but the results presented in 2016 and 2017 made its participation increase to 39,9% and 41,4%, respectively.