Brazil’s economy of extremes
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Citation (published version)Marcus Goncalves. 2013. "Brazil’s Economy of Extremes." Volume 43, Issue 53, pp. 6.
Brazil is home to 31 percent of all Latin American millionaires, about 5,000 people with a net worth superior of $30 million. In 2003, there were 49 million Brazilians living in poverty. Six years later that number plummeted to 29 million as a result of government-sponsored social programs. Brazil's primary challenge is education. The global economy has essentially become a knowledge economy, but Brazil has not adequately invested in education, despite the commodities boom.
Rights"© Gannett Co., Inc. 2013. All rights reserved. Original content available for non-commercial use under a Creative Commons license, except where noted. The final published version of this article appears in OpenBU by permission of the publisher, Worcester Telegram"