Recommendation for Brazil trade policy

An overview Brazil, a country of 162 million inhabitants with a massive gross domestic product (GDP) of more than US$977 billion, is the largest economy in Latin America and the 10th largest in the world. Real GDP growth was approximately 3 percent in 2000, still in welcome comparing with the slowdown real growth in 1999. The Inflation has been kept in line with the Government's target of 8% in 2000(Country Commercial Guide, 2001). The process of economic liberalization initiated in 1990s …

…in education and training sectors to nurture qualified labor to meet the requirement of growing import& export trade, Although Brazil has a population of 162 million, it lacks of sophisticated and skilled labor to engage in trade activities and industry production. Regional disparities are profound in terms of the availability of skilled and semi-skilled workers. There is growing recognition that the Brazilian educational system has failed to adequately prepare the workforce for future trade growth.