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In 1822, Brazil became a nation independent from Portugal. By far the largest and most populous country in South America, Brazil has overcome more than half a century of military government to pursue industrial and agricultural growth and development. With an abundance of natural resources and a large labor pool, Brazil became Latin America's leading economic power by the 1970’s. Brazil is located in Eastern South America, bordering the Atlantic Ocean. It is slightly smaller than the U.S., with bordering countries Argentina, Bolivia, Columbia, French Guyana, Guyana, Paraguay, Peru, Suriname, Uruguay, and Venezuela. It has many natural resources, including bauxite, gold, iron ore, manganese, nickel, phosphates, platinum, tin, uranium, petroleum, hydropower, and timber. The climate is tropical in the north, but temperate in the south. The terrain consists of mostly flat to rolling lowlands, with some plains, hills, mountains, and a narrow coastal belt. In recent years, environmentalists have become increasingly concerned over the future of the Amazon region, where human life has threatened the world's largest intact rain forest. Brasilia is the capital and main source of modern industry. The total population in Brazil is 167,988,000. The population grows at a rate of 0.91%, with a life expectancy of 64 years for the total population; the female life expectancy is 67.73 years and the male is 58.96 years. The Brazilian people are very diverse. Three main ethnic groups exist in the country: Portuguese, Native American, and African. The Portuguese, Spanish and English languages are spoken throughout Brazil. However, Portuguese cultural influences remain strong, with Portuguese as the primary language and Roman Catholicism as the principal religion. The definition of literacy being those who are aged fifteen and older who can read and write, the literacy rate in Brazil is 83% for the entire population. Before 1930, the Brazilian economy was dominated by a number of agricultural and mineral products for export. The world economic depression of the 1930s encouraged the government to diversify the economy, particularly through industrialization. Consequently, the importance of agriculture and mining has fallen significantly. A major objective of Brazil's industrialization policy was to replace imported manufactures with Brazilian-made ones. It is now able to export goods such as iron ore, soybeans, footwear, and coffee. Its imports include machinery and equipment, chemical products, oil, and electricity. Although Brazil traditionally has been an exporter of primary agricultural and mineral products, these now make up only 40 percent of overseas trade, with manufactured goods becoming the primary export.
What is HIPAA? The Health Insurance Portability & Accountability Act of 1996 (HIPAA) was passed by the U.S. Congress to improve portability and continuity of health insurance coverage; to combat waste, fraud and abuse in health insurance; to reduce costs and the administrative burdens by improving efficiency and effectiveness of the health care system by standardizing the interchange of electronic data; and to ensure the pri...
For the government to overcome deficiencies efficiently in the sectors of industry, the private sector must have an active involvement in capital investment and creation of services. Brazil’s potential in a global market is set back by inefficiencies in infrastructure that turn away private investment.
Globalisation has been crucial to the economic and social development of Brazil. In the late twentieth century Brazil face years of economic, political and social instability experiencing high inflation, high income inequality and rapidly growing poverty. However after a change of government in the 1990s and large structural changes in both the economic and social landscapes, the brazilian economy has been experiencing a growing middle class and reduced income gap. Since the start of the 21st century, brazil has benefitted from the move to a more global economy.
The purpose of this paper is to demonstrate how Brazil, a country with an extremely high rate of inflation and low growth, positioned itself as the 7th largest economy of the world and what are the challenges that the country is facing. First of all, the Real Plan of Fernando Henrique Cardoso and how it helped the country to stabilize its economy and drop down the inflation rate will be discussed. Secondly, how his successor’s policies, Luis Inácio Lula da Silva, improved country’s economy. At the end the challenges that Dilma Vana Rousseff, the current president, is facing will be discussed.
Health Insurance Portability and Accountability Act or HIPAA is a statute endorsed by the U.S. Congress in 1996. It offers protections for many American workers which improves portability and continuity of health insurance coverage. The seven titles of the final law are Title I - Health care Access , Portability, Title II - Preventing Health Care Fraud and Abuse; administrative simplification; Medical Liability Reform; Title III – Tax-related Health Provisions; Title IV – Application and Enforcement of Group Health Plan Requirements; Title V – Revenue Offsets; Title XI – General Provisions, Peer Review, Administrative Simplification; Title XXVII – Assuring Portability, Availability and Renewability of Health Insurance Coverage. (Krager & Krager, 2008)
If you are in the healthcare industry, you have probably heard some rumblings about the Health Insurance Portability and Accountability Act of 1996, coolly referred to as HIPAA. The word is your medical practice will have to be HIPAA compliant by April 2003, but you're not exactly sure what this act mandates or how to accomplish it. In very basic terms, HIPAA has two primary components to which hospitals, health plans, healthcare "clearinghouses," and healthcare providers must conform: 1) Administrative simplification, which calls for use of the same computer language industry-wide; 2) Privacy protection, which requires healthcare providers to take reasonable measures to protect patients' written, oral, and electronic information. Congress passed HIPAA in an effort "to protect the privacy and security of individually identifiable health information. "1 Additionally, lawmakers "sought to reduce the administrative costs and burden associated with healthcare by standardizing data and facilitating transmission of many administrative and financial transactions." 1 HIPAA consultants say the new regulations should save the healthcare industry money in the long run, provide improved security of patient information, and allow patients to have better access to their own healthcare information.
Congress addressed growing public concern about privacy and security of personal health data, and in 1996 passed “The Health Insurance Portability and Accountability Act” (HIPAA). HIPAA sets the national standard for electronic transfers of health data. Before HIPAA, each state set their own standards. Now states must abide by the minimum standards set by HIPAA. States can enact laws to incorporate and/or strengthen the basic rights given by HIPAA.
Brazilian heritage was founded on the native people that lived in the country before its colonization, the colonizers that immigrated to the country, and the slaves that were brought. Brazil has the second largest African population in the world, so its heritage also has some African culture.
Due to its high population rate (large labour pool), its vast natural resources and its geographical position in the centre of South America, it bears enormous growth potential in the near future. Aligned with increasing currency stability, international companies have heavily invested in Brazil over the past decade. According to CIA World Factbook, Brazil had the 11th largest PPP in 2004 worldwide and today has a well established middle income economy with wide variations in levels of development. Thus, today Brazil is South America's leading economic power and a regional leader. 2.
The Great Depression of the 1930s led to prevention of imports because of declined foreign sales in most Latin American countries. This resulted to an automatic production of domestic products to meet their needs. Thereafter, various tariffs imposed favored local production. Import substitution was successful in countries with large populations who could provide market while small countries like Honduras could not implement it fully due to shortage of market. In countries where the import substitution was successful, Governments changed from neocolonial to democratic, nationalization of banks and some foreign companies or even ownership by local business people. Industrial output grew to support growing populations in these
In the current economic times the development and growth of any economy has come to a near stop or at least to a drastic slow down. The face of the global economic environment has changed and many new countries are starting to change the way their country and the rest of the world does business. One such nation is Brazil, who has turned around their own economic troubles and is becoming one of the fastest growing economies in the world (World Factbook). Brazil has started developing its economy and using the opportunity to achieve a level of respect in the world.
In 1999, following the transition to civilian rule and after an inspirational visit to Brazil to study the emerging manufacturing sector, the business made a strategic decision to transit from a trading based business into a fully fledged manufacturing organization. In a country where imports constitute the vast majority of consumed goods, a clear gap existed for a manufacturing organization that could meet the 'basic needs' of a vast and fast growing population.
Brazil is a diverse and enormous country. There are large, medium and small sized aities that stretch from coast. From Brazilian cit...
In the early 1970's, the Brazillian military urged people to allocate to new land in hopes of more modern society that would allieviate poverty and encourage social stability in other areas of the country by having the people move to what they thought was empty land. They ignored the already in place indigenous people that have for many centuries, as we learned in the book "Nature Across Cultures", have shaped the past and the development of the Amazonia through Indigenous knowledge. The ancestors of their ancestors are responsible for creating the vast
Brazil also faces the major dilemma of balancing economic development with environmental protection. On the frontier of trade Brazil is a leading exporter of sugar, iron ore, steel, soybeans, coffee and beef. In fact, it is the world’s second largest exporter in soy . It has a diversified set of trade partners around the globe, including Iran and China. China is Brazil’s largest trading partner and export market.