This Global Field Study abroad course fulfills the requirements for:
Course Design and Schedule:
Brazil is an excellent case study not only in terms of business but in economic reform, tax and trade policies and fiscal responsibility. The economy of Brazil is the world's sixth largest by nominal GDP and is expected to become fifth by the end of 2012. Its economy is the largest in Latin America and the second largest in the western hemisphere. It is one of the fastest-growing major economies in the world with an average annual GDP growth rate of over 5 percent. The Brazilian economy has been predicted to become one of the five largest economies in the world in the decades to come. Brazil is a member of diverse economic organizations, such as Mersocul, Unasul, G8+5, WTO, and the Cairns Group. Its trade partners number in the hundreds, with 60 percent of exports mostly of manufactured or semi-manufactured goods. Brazil's main trade partners in 2008 were: Mercosul and Latin America (25.9 percent of trade), the EU (23.4 percent), Asia (18.9 percent), and the United States (14.0 percent). According to the World Economic Forum, Brazil was the top country in upward evolution of competitiveness in 2009, gaining eight positions among other countries, overcoming Russia for the first time, and partially closing the competitiveness gap with India and China among the BRIC economies. Important steps taken since the 1990s toward fiscal sustainability, as well as measures taken to liberalize and open the economy, have significantly boosted the country’s competitiveness fundamentals, providing a better environment for private-sector development.
Total Cost: The estimated cost for travel, lodging, and local transportation is approximately $3,750. The Wright Global Scholars fund will provide scholarships up to a maximum of $1,200 to eligible students; Wright Global Scholarship Application is required.
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