analysis of economic growth and development of Brazil and Russian Federation Period 2000-2010.
Content
Introduction
. The level of development, indicators
. Dynamics of growth and development
. Characteristics of growth and development
.1 Gross value added by economical activity
.2 Growth accounting
.3 Consumption side of GDP structure (expenditures)
.4 Export structure
. Concluding comparison
my case study I will compare economic growth and development of Brazil and Russian Federation in period 2000-2010. First part is devoted to level of development, second to dynamics of growth and third to characteristics of growth and development of Brazil and Russian Federation.chosen period (2000-2010) coincide with time when new players in global society emerged. Goldman Sachs first identified Brazil, Russia, India and China as BRIC in 2001. Before that Brazil and Russian Federation and their economic performance were not role models for the rest of developing countries due to huge economical problems. Brazil called for IMF help in 1982 due to second oil crises (1977) and poor leadership. Russian Federation experienced economical brake down in 1998 and also called for IMF help. But they managed to overcome problems and gained interest of global society. In both countries new leaders started their mandates. In Brazil everything started with election of Fernando Henrique Cardoso in 1994 and successful presidency of Luiz Inacio (Lula) da Silva in period 2002-2010. Vladimir Putin is Russian s choice from 2000 till now. This leaders started internal institutional reforms. Brazil and Russia started to think about competitiveness, fiscal discipline and showed economic growth.and Russian Federation can not be more different countries, both lying on different continents, having their own interesting history, dealing with their own country specific problems, but there are some similarities which brought Brazil and Russian Federation under BRIC countries and their increased role in the world economy and politics.similarities and differences between Brazil and Russian Federation from the point of view of economic growth and development will be presented in this case study.
1. The level of development, indicators
1: Level of development indicators for Brazil and Russia in 2000 and 2010
BRAZILRUSSIAN FEDERATION20002010Difference20002010DifferenceGDP per capita, PPP (constant 2005 international $) 7909,10581005...
