Create a 8 pages page paper that discusses economy of brazil and russia. This paper is divided into two sections which look at Russia and Brazil individually. The main goal of this report is to answer

Create a 8 pages page paper that discusses economy of brazil and russia. This paper is divided into two sections which look at Russia and Brazil individually. The main goal of this report is to answer two questions. First, whether the Russian and Brazilian governments have been successful in running their economies from 2003-2005. Secondly, it will conduct an identification and evaluation of the different policies implemented by both governments within the time frame and their effects on the overall economic performance.

According to the United State's Center Intelligence Agency World Factbook, Brazil is the ninth largest economy in the world based on purchasing power parity. Recovering from its inflationary problem in the early 1990s, Brazil has now emerged as a stable economy owing from the Real Plan implemented since 1994 (Economy of Brazil 2006).

In order to fully assess the economic performance of Brazil during the past three years, this paper will look at various economic indicators which include nominal GDP (Gross Domestic Product), GDP growth rate, per capita GDP, and inflation growth from 2003-2005. This paper will utilize the data provided by the International Monetary Fund (IMF).

Figure 1 shows the GDP and GDP growth rate in Brazil from 2003-2005.