Foreign Investment In Brazil :: essays research papers

INTRODUCTIONFor those who believed that Brazil would forever be the pastoral of the future, I allow a piece of bad news. The future has finally arrived. For years, the largest and most industrialise nation in Latin America has been known as the country of tomorrow. That slogan may soon be out of date. Under the advocate of former finance minister and current president, Fernando Henrique Cardoso, this tenth largest economy in the world, once known for its high tariffs and even higher inflation, has entered a menses of steady growth, the fruit of a newly-stable political and commercial environment. In confederacy with the upturn in its economy, Brazils demonstrated preference for foreign products and muscular direct investment presence bode well for expanded sales of equipment and go in future years. EMERGING SECTORSAccess to Brazilian sights in most sectors is generally favorable, and competition and participation characterize most markets by foreign firms through imports, local anesthetic production and joint ventures. Many sectors such(prenominal) as healthcare, the environment, transportation, telecommunications and financial services, have been exploitation at a phenomenal rate and opportunities to further expand trade and investment are exceedingly encouraged. Healthcare technologyBrazil is an keen market for U.S. manufacturers of health technology products and services. In the medical device sector, the products that should have the best long-term prospects in Brazil are medical imagining equipment, electro-diagnostic apparatus and technologically advanced expendable medical products. In the pharmaceutical sector, long-term prospects for over-the-counter drugs and vitamins are excellent because of the high cost of private medical assistance and a growing trend towards home treatment. In the healthcare services sector, the best market opportunities include the following areas&61608 hospital management and consulting services&61608 training for affiliate health-care personnel&61608 hospital renovation&61608 health maintenance organizationsIn vagabond to provide more efficient health care, the Brazilian government has begun to correct the countrys entire medical care delivery system. It has decentralized the system, giving more autonomy to the states and cities in the planning and controlling of local health care programs. Overall, improvements in Brazils public healthcare sector, coupled with its trade liberalization measures, should improve the prospects for U.S. technology firms in the Brazilian market.Environmental TechnologyThe Brazilian market for environmental technology had an estimated value of over $1 billion in 1994. However, the National Department of Sanitation and Environmental Equipment estimates that the meat investments needed to equip Brazil with necessary pollution control supplies and services amounts to over $19 billion.