comparative study between Brazil and India
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India vs. Brazil: An Overview
India and Brazil are both multi-trillion-dollar economies and members of the oft-cited BRIC countries along with Russia and China. While both are among the most-watched emerging markets, the economic fortunes of Brazil and India appear to be on divergent paths. India should continue to gain ground on Brazil unless the South American country confronts difficult political and economic challenges.
India
India, a land of diversity and interesting opportunities, remains high on the list of investment destinations by international investors and businesses. It is the world's largest democracy and boasts a vibrant economy in many areas including technology and the service sector. With a lot of positives—a large, educated English speaking population, stable government in the center, rising forex reserves, high-value capital markets—India seems to be on a firm growth path with the expectation of a double-digit growth rate.
Brazil
Brazil is South America's largest economy. The country has a lot going for it as it has an abundance of natural resources and people to fuel its workforce. Yet, as recent negative economic events have shown, having an abundance of these things does not necessarily mean strong incomes for citizens. These resources must be appropriately managed and developed. Brazil has some of the fundamental components of what it takes to make its economy strong, but if it wants to truly improve the lives of its citizens then it will need to develop greater productivity and increase its international competitiveness.
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