Abstract

The caselet traces the growth of Brazil’s economy over the years. It focuses on the BRIC report written by Goldman Sachs’ global economic team. It goes into the history of inflation in Brazil and focuses on the Real Plan implemented by the Brazilian government to control inflation. It analyzes the potential of Brazil as a global economic powerhouse based on the study conducted by Goldman Sachs.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Brazil - Leading the growing economies of the world
• Predictions of Goldman Sachs
• History of Brazil’s inflation
• and The ‘Real’ Plan of Brazil for economic growth

Keywords

BRIC, Brazil, Russia, India, China, economic strength, agricultural, mining, manufacturing, service sectors, Gross Domestic Product (GDP), Goldman Sachs, report, G-6 countries, U.S., Japan, Italy, France, Germany, U.K., inflation, currency appreciation, Real Plan, World War II, European Union (EU), fiscal strategy, Constitutional Amendment, Social Emergency Fund, liberalization, foreign exchange policy, foreign direct investment (FDI), pre-privatization era, privatization, investors, electricity crisis