Brazil

The world’s fifth largest country in terms of territory and population and the 12th largest economy, Brazil has played a key role in the development of the region. Following turbulent economic, political and social developments in the second half of the 20th century, the beginning of the 21st is marked with trade liberalization and ever-increasing levels of foreign investment.

Brazil’s stable economy and political structure attract large multinationals to set operations here, such as General Motors, Volkswagen, Ericsson, IBM and Microsoft to name a few. Brazil is also home to many successful local corporations expanding globally. Embraer, Natura and Petrobras are among the most successful ones. Yet, there is a long way ahead for Brazil to become a fully developed economy, facing high poverty levels and social inadequacies.