Society Culture Politics

Internal Politics Is The Cause Of Why People Are Buying Investment Property In Coqueirinho, Brazil

Over 1 million new jobs are predicted to be created in Brazil by the end of 2008, according to the tourism department in Brazil as a result of increased holiday makers. Walfrido doe Mares Guia, the minister of the tourist board, says that 575,000 jobs have been created as a result of tourists and subsequent 500,000 jobs are to be created before the end of 2008'. Praise should be given to to the Brazilian government who have forked out money into improving existing infrastructure around Brazil for tourists, this programme is known as PRODETUR'.

PRODETUR has meant that eight airports have been constructed and built, existing motor way roads have been bettered and furthered and historic sites have been conserved for the Brazilians and tourists alike. This has come at a cost, around $700 million and has helped to create several government bodies to oversee all these activities to take ownership of the tourist actions.

Due to the success of this initiative, the PRODETUR 2 has now been set in motion with an envisaged investment of $400m.To proceed the achievement of the Government's plan, Brazil tourism has increased from 4.1m (2003) to 6m (2006) overseas tourists every year, the tourism has increased to 25%.

Brazil is the 6th most populous country in the World after the US, Russia, India, Russia and Indonesia. 62% of Brazilians are under 29 years old.. Brazil is seen as a future world super power.

According to the Brazilian Embassy, Brazil has the 10th biggest economy in the world, with a GDP of 523,070 million dollars in 2003, almost 48% of Latin America's GDP and one of the main markets in the world with 170 million consumers.With a well grounded democracy, over 105million people voted in November 2006 for 19,000 candidates in a wide ranging elections. It is the second largest economy in the developing world and Goldman Sachs forecast that by 2050 Brazil will be the World's 5th biggest economy.In 2003 - 2006, Brazil ran record trade surpluses and recorded its first current account surpluses since 1992. The IMF believes that Brazil has been creating a solid foundation and a good framework of financial responsibility that is now performing sustained primary surpluses and doing a good job of keeping inflation under check.

Felicity is a freelance journalist, writing occassional columns on Brazilian property for James Laurence UK, who offer investment property in Carapibus, Brazil.

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