Brazil, the largest country in Latin America and the world’s seventhwealthiest nation (in 2011), has a GDP of more than US$2 trillion and a population of 190 million. This former developing country reached middleincome status and now is considered a dynamic emerging economy similar to Russia, India, China and South Africa (the so-called BRICS countries). Since 2001 sustained economic growth, low inflation, social programs, and increased minimum wage have helped to halve poverty. Between 2004 and 2009 the share of the population earning less than US$1.25 per day (the extremely poor) dropped from 10% to 2%, which is an amazing achievement. During that period, the poor enjoyed income growth rates four times higher than those of the rich. Despite this, inequality remains high, and there is still a large gap between the poor and rich; for example, with respect to education (World Bank, 2013).
|Title of host publication||Biofuel Cropping Systems|
|Subtitle of host publication||Carbon, Land and Food|
|Editors||H. Langeveld, J. Dixon, H. van Keulen|
|Place of Publication||London|
|Publisher||Taylor and Francis|
|Number of pages||24|
|Publication status||Published - 2014|