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The Wild Economy of Brazil

Economics Explained

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Introduction

Brazil is currently the ninth largest economy in the world, according to the International Monetary Fund. This means that if the nation did make the jump from developing to developed, it could rival economic superpowers like Germany, Japan, or the United Kingdom. The factors at play here are of course incredibly complex, but they boil down to a few key issues. Once a superpower in the making, Brazil has fallen short of capitalizing on its potential. They also reveal why the nation is fighting so hard to stay open during this global crisis.

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