Question

What is Brazil's relationship with the well know economic development model? like Harold-Domer, Solow etc? Can traits of brazils development be linked to these?

Answer 1

Development model of Brazil:

In Brazil, the population of people 195 million and it is an income country of upper middle in the South America. In the year 2010, the per capita GNI (Gross National Income was $9390. For Brazilian growth, the agriculture heavily contributes. Brazil imports the types of consumer goods especially from the United States and China. Brazil is the highest exporter of the coffee, chicken, sugar and orange juice.

Development model is the collection of all theories which relates with how much desirable changes in the society as well as model is based on the social sciences variety disciplines.

Development is based on different theories:

Modernization of theory: under this analyses the process of society modernization as well as it includes the economic development of the society.

Dependency theory: it generally indicates that it externally linked with globally developed parts.

Neoclassical theory: this theory has predecessor in its origins. In 18^th and 19 centuries classical economist was developed. It includes the privatization, fiscal austerity, devaluation of currency, liberalization of trade.

Sustainable development: it is a development that meets the present without generation of future is compromising for meet their own needs. Further sustainable development is can be divided into sustainability of environment, socio-political sustainability, and suitability of economics

Human development theory: it is a theory which uses the ideas from the origins like as: feminism, ecology, welfare economics, sustainable development etc.