Answer To: [Document title] [Document subtitle] ABSTRACT An Abstract is usually 100 to 200 words and should...
Sayani answered on Oct 31 2021
[Document title]
[Document subtitle]
ABSTRACT
The chosen country Brazil has an emerging market as yet not achieved the statistical economical status. This report paper would highlight the country Brazil, as an emerging market because its economy has still not achieved the satisfactory rate as emerged market and is still in the position to acquire the developed status. Though Brazil is the largest economy in the South America and ranked eighth largest in the world by GDP (gross domestic product), but still, it is transitioning from developing to the developed status. The Covid-19 pandemic has exploited and affected the economy of this country and it has been declared as the second country which has the maximum number of death cases. But still with all these odds and negative aspects Brazil is yet dreaming again towards developing their status as a developed country with emerged market and economy.
Contents
INTRODUCTION 3
The Background 3
The Purpose 3
The Scope 3
MAIN POINTS 4
Emerging Market 4
Global Position of Brazil as an Emerging Market in Pre-Pandemic 4
Global Position of Brazil as an Emerging Market in Post-Pandemic 5
CONCLUSION 6
References 6
INTRODUCTION
This report paper would highlight the country Brazil, as an emerging market because its economy has still not achieved the satisfactory rate as emerged market and is still in the position to acquire the developed status. Though Brazil is the largest economy in the South America and ranked eighth largest in the world by GDP (gross domestic product), but still, it is transitioning from developing to the developed status.
The Background
In the prior situation, Brazil’s economic inequality has reached to its extreme level despite been one of the largest economies in the World. Previously Brazil was known as the world’s poorest country as a huge population was lying under poverty. But now with progressive situation, Brazil’s economic condition is developing and the country has been incredibly reduced the inequality rate taking millions of people out from poverty and hence raised the base of social pyramid.
The Purpose
The main agenda and purpose of this report is to highlight the global position of the country stated in the above that is Brazil as a market in this pre and post pandemic situation and Brazil maintain the relationship with other countries and how export systems have changed overtime. Specific authorised resources in term of references are being adopted and cited in this regard (Kardes and Chueke,2017).
The Scope
The report would highlight both strength and limitation of the country as an emerging market and would highlight the opportunities Brazil hold to move forward towards prosperous future (Diallo and Siqueira Jr, 2017).
MAIN POINTS—
Emerging Market
Emerging market is that phase where the market has a characteristic as a developed market with developed economical and financial condition. As a result, the emerging markets does not meet the full standard just like the emerged markets as due to certain reason and the most important reason in this regard is of poor economy. Apart from this an emerging market economy is that economy of a developing country which is becoming more and more engaged with the global market as it grows. These types of emerging countries are now as per research slowly and steadily developing themselves in order to touch the peak and status of a developed country with emerged market. There are seven countries in this regard, China, India, Brazil, Indonesia, Mexico, Russia, and Turkey.
These countries are trying their best to reach their destination as prove themselves as a developed countries like United States, Japan or other Western countries in...