Monday, November 4, 2019
Foreign Direct Investment (Brazil and Argentina) Essay
Foreign Direct Investment (Brazil and Argentina) - Essay Example However, business organizations whose primary objective is to make profit do not choose any country overnight for investing their resources. Each and every possible destinations of investment is thoroughly researched and analyzed by the organizations. In other words, itââ¬â¢s the nationââ¬â¢s responsibility to attract organizations by promoting different interesting facts regarding its demographics, economy and society. Organizations, before making final decisions regarding investment compare two or more countries on the basis of these dimensions. Over the past decade, South America has emerged as a major destination for the multinational corporations and Brazil and Argentina are the two of the most important countries in this part of the world. This paper attempts to portray a clear picture of these two countries in terms of their economy, demography, society and legal system. The paper includes a comparative analysis keeping these two countries as subject. ... Further information about this important member of BRIC (Brazil, Russia, India and China) is provided in the following sub-sections. Demographics Brazil is one of the most populated countries; in fact according to Central Intelligence Agency it is the fifth most populated country in the world. Currently, almost 203,429,773 people live in this South American giant. Average age of the countryââ¬â¢s one fourth population falls within the range of 0-14 years, whereas the age of almost 67% of total population is found to be within the range of 15-64 years. Brazilââ¬â¢s population is one of the youngest populations in the world as the average age of all the males is 28.5 years and the same in case of females is 30.1 years. The countryââ¬â¢s population is increasing at a rate of more than one percent (1.134%). Most of the people (almost 87%) in Brazil live in the urban areas. As far as the languages are concerned, most of the people prefer to speak Portuguese. However, there are ot her languages like Spanish, Italian, German and English that are also spoken. Almost 90% of Brazilââ¬â¢s total population is officially literate. More than 50% Brazilians are found to be ââ¬Ëwhiteââ¬â¢ and almost 75% are Roman Catholic (Central Intelligence Agency, n.d.). Political System Brazil is one of the largest democratic nations not only in South America but in the entire world. The government in the country is federal republic in nature. Brazilââ¬â¢s political system is a ââ¬Ëmultipartyââ¬â¢ system. In other words, the system allows the legal foundation of several political parties. This ââ¬ËFederative Presidentialistââ¬â¢ country is led by the President who acts both as the head of state and chief of different branches of the government. There are three important
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