Transcript What is globalization?

IB 101F FALL 10
TEAM MEMBERS
 Cassandra DeSisto
 Linda Harris
 Rob Symanski
 Galena Vankaeva
2
• IS GLOBALIZATION AN IMPORTANT
MECHANISM FOR ALLEVIATING
POVERTY IN BRAZIL?
• THE FIVE DOMAINS RELATED TO
GLOBALIZATION GOVERN CHANGES
RELATED TO POVERTY WITHIN A
NATION
Cassandra DeSisto
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Basic Assumption - Opening Brazil’s borders to free
trade would create an increase in the standard
of living, thus lowering poverty levels.
Initial Findings - Free trade has created an increase
in the standard of living in Brazil, thus lowering
poverty levels.
Rob Symanski
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The Southern Common Market:
•Facilitated trade and links the businesses
market located in Argentina, Brazil,
Paraguay and Uruguay
allows businesses to impact
approximately 190 million in the region
Lifting tariffs and trade barriers has allowed
Brazil’s business market to expand
exponentially
Rob Symanski
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• Foreign Direct Investments peaked at 45.058 Billion
dollars in 2008
• Industries that have contributed to the economy and
provided employment opportunities to the Brazilian
population• Production of goods linked with business market has
directly yielded an increase in GDP
• Increasing at a rate of 1.2% annually
• 1.575 trillion dollars in 2008
Rob Symanski
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Sectors of the Economy
•agriculture, industry, mining, manufacturing
and service
Trading partners allowed Brazil’s economy to expand
•The USA, China, Japan and Mexico
http://www.tradingeconomics.com/Economics/GDP-Growth.aspx?Symbol=BRL
Cassandra DeSisto
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The “best president ever ”, Luiz Inacio
Lula da Silva’s presidency 2002-2010 as
a key to Brazil’s success:
Income rose by 32%
Increase in infrastructural projects (the
Trans-Northeastern railway, Belo Monte
dam, Sao Francisco canal)
Electricity For All Programme (10mil);
La Bolsa Familia
Opened 214 technical universities, 14
public institutions
20 mil Brazilians emerged from
poverty
Red light to global companies
Galina Vankaeva
88
 October, 30 2010 Dilma Rousseff accepts the torch of
power
 Continuity is on agenda
 Goal: to “turn temporary luck into a long-term blessing”
Galina Vankaeva
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 Culture and Behavior of People
ethnicity, classes, language, religion, crime, literacy
 Social Programs
Growth Acceleration Program (PAC)
Bolsa Familia Program
Linda Harris
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 Natural Resources
Nickel, tin, gold, iron, uranium, timber, oil
Pollution
•Increased power consumption
• Increased use of fossil fuels
• Devastation and deforestation of Amazon
Climate Change Statute
Green Free Trade Zone
Linda Harris
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Brazil has:
become a participant in the free–trading globalized
world
capitalized on its vast natural resources
elected great leadership
… and thus has been successful in raising the
standard of living of its citizens
Cassandra DeSisto
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Winners:
•The Brazilian nation as whole - 20 million poor emerged from
the bottom
• The purchasing power of a Brazilian strengthened
• Students
• Lamborghini-rich
• Petrobras-Shell-Green innovation- Cleaner world
• World Cup 2014 and the Olympics in 2016
• Nation’s pride boosted so high morale
Losers:
• Amazon Rainforest
• Inhabitants of favelas
• Poor as a target of global corporations
• Indigenous population
Galina Vankaeva
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Suffolk University’s Online Databases
Websites
•Fox Business, Economy Watch, CIA
Government, Geert Hofstede, The Economist, The
Wall Street Journal, United Nations, Embassy of
Brazil in London, and Yale Global
Rob Symanski