Brazil is one of the most important emerging economies in the world. Indeed, Brazil is part of the BRIC group of emerging economies alongside Russia, India and China. Brazil differs from some of its emerging economy peers in many ways, unlike China (but similar to Russia and India). Brazil has a democratic form of government and the center-left Workers' Party (Partidos dos Trabalhadores (PT)) has governed Brazil since 2003. Unlike other emerging economies, the Brazilian economy is dominated by the service sector , which contributes 67 percent of Brazil's GDP and employs 70 percent of Brazil's 100.77 million workers. Other key sectors of the Brazilian economy are the industrial sector, which contributes 27.5 percent of GDP and employs 19 percent of the Brazilian workforce, and agriculture, which represents 5.5 percent of GDP and employs 10 percent of Brazilian workers. Brazil has experienced a strong period of economic growth over the past decade, as evidenced by the average growth rate of 4.4 percent in the five years to 2010, much higher than the average growth rate of 2 .2 percent in the 1990s. This higher growth rate as a percentage of GDP is illustrated in the chart below using data produced by the Brazilian government's Instituto de Pesquisa Econômica Aplicada (Institute for Applied Economic Research). . Second, Brazil also achieved substantial improvement in its economic development during this period. period of time. Brazil has above average levels of economic development compared to other Latin American countries and is ranked 73rd in the world in terms of economic development, this indicates that Brazil's economic development exceeds its economic growth while Brazil. ..... middle of paper ......Search – www.ipeadata.gov.brThe Guardian – www.guardian.co.ukThe World Bank – www.worldbank.orgBritish Broadcasting Corporation – www.bbc.co.ukThe Economist – www.economist.comThe United Food and Agriculture Organization – www.fao.orgTrading Economics – www.tradingnomics.comInternational Monetary Fund – www.imf.orgThe Brookings Institute – www.brookings.eduInstituto Brasileiro de Geografia e Estatística – www.ibge.gov.br/englishThe New York Times – www.nytimes.comUS Environmental Protection Agency – www.epa.govUnião da Indústria de Cana-de-Açúcar – www.english .unica.com.brInstituto Nacional de Pesquisas Espaciais – www.inpe.brNASA – www.nasa.govUnited Nations Development Program – www.undp.orgStratfor – www.stratfor.comThe Huffington Post – www.huffingtonpost.comThe Independent – ​​www.independent.co.uk