Please share the article link on social networking sites to support our free academic work. Brazil PESTLE Analysis & Macroeconomic Trends Market The companies operating in or are looking to start operations in Brazil must be aware of the corruption laws wherein the companies cannot bribe any government official for availing undue advantage. In fact, the tourism sector is rapidly growing in Brazil and contributes immensely to the economy of several regions of the country. It lifted millions of people out of poverty in the last 15 years; however, slightly less than 10% of the population still live in poverty (Oxfam, 2023). The top export destinations of Brazil are China, the United States, Argentina, the Netherlands, and Germany. However, Brazil offers numerous opportunities for both domestic and international companies in several sectors such as infrastructure, health, aviation, energy, IT, education, and tourism. The economic landscape section outlines the evolution of Brazil 's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment. Retrieved 25 April 2022, from https://www.globalcompliancenews.com/anti-corruption/handbook/anti-corruption-in-brazil/#:~:text=The%20Brazilian%20Anti%2DBribery%20Law,national%20and%20foreign%20public%20administration. McKinneys report states that in 2018, the top banking players of Brazil including Itau, Santander, Bradesco, and Banrisul generated ROE of 21.7%, 20.8%, 19.5%, and 16.7% respectively as compared to an average of 16.5% in Africa, 13.5% in North America and 10.4% in emerging Asian economies. According to OECD, in terms of basic facilities, 1an estimated 93.3% of people in Brazil live in dwellings with private access to an indoor flushing toilet, which is slightly
Shooting In Mattapan This Morning,
Doona Car Seat Without Base,
Houses For Rent Homewood, Il,
Who Gave Theory Of Entrepreneur As A Risk Taker,
What Happened To Caitlin In Airwolf,
Articles B