Foreign Investment In Brazil :: essays research papers

INTRODUCTIONFor those who believed that Brazil would forever be the country of the future, I call for a piece of bad news. The future has finally arrived. For years, the largest and most industrialized nation in Latin America has been cognise as the country of tomorrow. That motto may soon be out of date. Under the guidance of former finance minister and current president, Fernando Henrique Cardoso, this tenth largest economy in the world, once known for its game tariffs and even higher inflation, has entered a period of steady growth, the fruit of a newly-stable political and commercial environment. In combination with the upturn in its economy, Brazils demonstrated preference for foreign products and strong direct investment presence bode well for expanded sales of equipment and services in future years. rising SECTORSAccess to Brazilian markets in most sectors is generally favorable, and competition and participation characterize most markets by foreign firms through imports , local production and go ventures. Many sectors such as healthc atomic number 18, the environment, transportation, telecommunications and financial services, have been growing at a phenomenal rate and opportunities to further expand trade and investment are highly encouraged. Healthcare TechnologyBrazil is an excellent 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 disposable 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 sideline areas&61608 hospital management and consulting services&61608 training for allied health-ca re personnel&61608 hospital renovation&61608 health maintenance organizationsIn order to provide more efficient health care, the Brazilian government has begun to reform 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 total investments needed to equip Brazil with necessary pollution control supplies and services amounts to over $19 billion.