In the current economic situation, the development and growth of any economy has almost stopped or at least experienced a drastic slowdown. The face of the global economic environment has changed and many new countries are beginning to change the way their countries and the rest of the world do business. One such country is Brazil, which has overcome its own economic difficulties and is becoming one of the fastest growing economies in the world (World Factbook). Brazil began to develop its economy and take advantage of the opportunity to achieve a certain level of respect in the world. Brazil is both the fifth largest country in the world in terms of area and population (World Factbook). Brazil has used this demographic as an asset in its efforts to find some form of stability in a very unstable economic climate. Brazil is Latin America's largest national economy, the eighth-largest economy in the world at market exchange rates, and the 10th-largest by purchasing power parity (PPP) or GDP, according to the International Monetary Fund and the World Bank (World Fact Book). The development of the Brazilian economy depends on many factors, each of which has an impact, but the development is not complete. Brazil has many development goals it hopes to achieve. Since the end of the 1960s, economic policy has pursued three main objectives: the control of inflation, the gradual improvement of the well-being of the poorest sectors and a high rate of economic growth (Encyclopedia of Nations). There are also the Millennium Development Goals set by the United Nations for developing countries, such as reducing poverty, increasing gender equality in education, reducing child mortality and improving maternal health, combating diseases , ensure environmental sustainability and develop..... . middle of paper ......d-the-nation%E2%80%99s-world-sanding-in-the-era-of-rousseff%E2%80%99s-rule/>"Millennium Goals development: Brazil." Index Mundi.com. February 15, 2007. November 19, 2010. Ruble, Kayla. “Six South American countries with the worst income distribution inequality.” Woodrow Wilson International Scholars Center. November 1, 2010. November 19, 2010. “Weathering the Storm.” »Newsweek.com. July 26, 2008. November 19, 2010. Workman, Daniel. “Brazil’s Business Friends.” Suite101.com. September 13, 2006.November 19, 2010.