As an employee of the World Bank, you have been asked to research 1 economic concern in a South American country and

write a report on your findings. Select a South American country to research. Select one of the following economic concerns to research: Quantities of specific goods and services Gross Domestic Product (GDP) Unemployment Inflation Research data sets for the 1 economic concern within the South American country that you have chosen. In a 34 page report, answer the following questions: What are relationships between the economic concern you selected and that specific country's economy? What trends do you see in the data sets? Support your assertions of the trends with statistical evidence. Cite all of your sources correctly and include a reference list, both in APA style.

I have taken Brazil as the country to research. It is the fifth largest country in world. Brazil is the world's tenth largest economy at market exchange rates and the ninth largest in purchasing power. In 2007, Brazil launched a fouryear plan to spend $300 billion to modernize its road network, power plants and ports (Wikipedia, 2010) Brazilians need to know who they are doing

business with before they can work effectively. Brazilians prefer face-to-face meetings to written communication as it allows them to know the person with whom they are doing business. The individual they deal with is more important than the company. Since this is a group culture, it is important that you do not do anything to embarrass a Brazilian. (kwintessential.co.uk) I have taken GDP as an economic concern As per wikipedia The gross domestic product (GDP) is one of the measures of national income and input for a given country's economy. GDP is defined as the total cost of all finished goods and services produced within the country in a stipulated period of time (usually a 365-day year). It is sometimes regarded as the sum of profits added at every level of production (the intermediate stages) of all final goods and services produced within a country in a stipulated timeframe, and it is rarely given a monetary value. (Wikipedia) Brazils situation As per CIA handbook, Since 2003, Brazil has steadily improved macroeconomic stability, building up foreign reserves, reducing its debt profile by shifting its debt burden toward real denominated and domestically held instruments, adhering to an inflation target, and committing to fiscal responsibility. In 2008, Brazil became a net external creditor and two ratings agencies awarded investment grade status to its debt. After record growth in 2007 and 2008, the onset of the global financial crisis hit Brazil in September 2008. Brazil's currency and its stock market - Bovespa - saw large swings as foreign investors pulled resources out of Brazil. Brazil experienced two quarters of recession, as global demand for Brazil's commodity-based exports dwindled and external credit dried up. However, Brazil was one of the first emerging markets to begin a recovery. Consumer and investor confidence revived and GDP growth returned to positive in the second quarter, 2009. The Central Bank expects growth of 5% for 2010.

GDP (purchasing power parity): $2.025 trillion (2009 est.) Country comparison to the world: 10 $2.029 trillion (2008 est.) $1.931 trillion (2007 est.) note: data are in 2009 US dollars GDP - real growth rate:

-0.2% (2009 est.) country comparison to the world: 113 5.1% (2008 est.) 6.1% (2007 est.) GDP - per capita (PPP):

$10,200 (2009 est.) country comparison to the world: 105 $10,300 (2008 est.) $10,000 (2007 est.) note: data are in 2009 US dollars GDP - composition by sector: agriculture: 6.5%

industry: 25.8% services: 67.7% (2009 est.) Comparison with other South American countries South American Markets as per GDP

Rank in world

Country

GDP

10

Brazil

$2,024,000 million

24

Argentina

$558,000 million

29

Colombia

$400,300 million

32

Venezuela

$355,200 million

45

Peru

$253,400 million

47

Chile

$244,300 million

65

Ecuador

$107,100 million

91

Bolivia

$45,130 million

92

Uruguay

$44,050 million

107

Paraguay

$28,280 million

163

Suriname

$4,182 million

172

Guyana

$2,973 million

Brazil forms major part of South American markets ,is the largest economy on the basis of absolute GDP. It has also recovered well from the crisis.

References: http://en.wikipedia.org/wiki/Economy_of_South_America http://www.kwintessential.co.uk/resources/global-etiquette/brazilcountry-profile.html http://en.wikipedia.org/wiki/Brazil.

http://en.wikipedia.org/wiki/Gross_domestic_product.
http://www.econport.org/content/handbook/NatIncAccount/CalculatingGD P/Income.html https://www.cia.gov/library/publications/the-world-factbook/geos/br.html