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Brazil

In: Latin American Business Cultures

Author

Listed:
  • Luiz Alberto Machado
  • José María Rodríguez Ramos
  • Otto Nogami
  • Marcus V. Freitas

Abstract

Brazil was “discovered” by the Portuguese on April 22, 1500. Following three centuries under the rule of Portugal, Brazil became an independent nation in 1822. For the past 14 years under Portuguese rule, Brazil was the seat of the Portuguese throne, due to the invasion of the Iberian Peninsula by Napoleon. By far the largest and most populous nation in South America, Brazil has overcome more than 20 years of military intervention in the governance of the country and has pursued industrial and agricultural growth and development of the country’s interior. Through exploiting vast natural resources and a large labor pool, Brazil had become Latin America’s leading economic power by the 1970s. However, highly unequal income distribution remains a pressing problem.

Suggested Citation

  • Luiz Alberto Machado & José María Rodríguez Ramos & Otto Nogami & Marcus V. Freitas, 2011. "Brazil," Palgrave Macmillan Books, in: Robert Crane & Carlos Rizowy (ed.), Latin American Business Cultures, chapter 4, pages 52-74, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-29910-8_4
    DOI: 10.1057/9780230299108_4
    as

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