Latin American Development in Brazil

Abstract

This study investigates the web of complexities that is Brazil’s development in the modern world. In 2003, one-fifth of the population was between the ages of 15 and 24, which emphasizes the incredible gravity that each decision may have for Brazil’s near future. Though a country plagued by economic mis-governance and misfortune, it is also teeming with large tracts of arable land, a burgeoning agribusiness sector capable of interceding in international crises, and a store of underutilized assets waiting to be capitalized upon through international diplomacy. Brazil can be a strong global power in regional affairs, carrying the weight of a world power, but only through development. The road to development through economic success is paved with the good intentions of many a developing economy mired in corruption and dependency, and in order for Brazil to be different it must achieve three main objectives. Greater domestic equality, increased global participation, and sustainable governance that bolsters the spirit of the country instead of squandering it.