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BRIC summary table including country conditions

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BRIC refers to Brazil, Russia, India and China. The term BRIC was created by the Chief Economist of Goldman Sachs Investment Bank in 2001 and is now widely used in business and academia to refer to the four countries that are likely to have a profound impact on the global economy and business environment in the twenty first century.

Examine each of the BRIC countries to determine their projected economic growth, country business environment and country risk.

Take note of the Personal Disposable Income (PDI) available in each country as an indicator of market size. (you will find the PDI in the 5 Year Economic Forecast) , PDI is defined as the income households receive from firms, plus transfer payments received from the government, minus direct taxes paid to the government. It is the income that households have available for spending or saving.

Post the resultant ratings for each country in a summary table that you create comparing the country ratings for risk, business environment (opportunity). Add the United States to the table for comparison purposes. Include a brief summary of the main country conditions that contribute to the ratings.

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Economic growth:

The gross domestic product is used as indicator of a country's economic performance since it takes into consideration different aspects of the economy. GDP can be determined by adding incomes present in the economy such as wages, profit, interest and rent or by summing up all expenditures such as government expenditure, consumption, investment and net exports. In the year 2010 Brazil had a GDP of $ 2,087.90 billion which is a 31% increase compared to 2009. Up to 2010 Brazil registered average GDP growth at 18.46% while projections up to 2015 indicate that GDP will increase at an average of 13.48% whereby GDP is expected to reach $ 3,259 billion. Real GDP in 2010 was R 1,107.50 billion which is 7.5% increase compared to previous year. The average increase in real GDP is 4.43% up to 2015.

Private consumption is the main contributing factor in the GDP contributing 60.57% of the value in 2010 and government consumption increased by 27.12%. Between 2006 and 2008 Brazil had higher exports compared to imports but from 2009 imports have been more thus the country has a negative net export. Labor productivity growth is provided at 4.8% in 2010 and average of 2.16% up to 2015 while total factor productivity growth for 2010 is 4.3% and average up to 2015 is 1.27%. Personal disposable income for the country in 2010 amounted to $ 2,288.50 billion and it is projected to increase at a rate of 11.32%.

Business environment:

The purchasing of Brazil's currency against United States currency was 1.69 in 2010 and averaged at 1.708. Domestic credit growth rate was 18.6% in 2010 and average for the period is projected at 16.3%. The lending rate was decreased from 2006 up to 2010 and is projected to increase in 2011 and thereafter decrease while commercial's bank's deposit rate ...

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BRIC summary table including country conditions are examined.

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