With consolidation of Mercosul and continued progress in opening markets, Brazil is taking its rightful place among the world's leading trading nations. These changes will not only modernize the Brazilian state and make Brazilian companies more competitive. They will help bring economic prosperity to this country, allowing Brazil to invest in Brazilians. Some will fare better than others in the globalization process. However, the upside outweighs the downside, and doing nothing is not a viable alternative.
Brazil pushing ahead Brazil is, indeed, pushing ahead.
It has changed. It is now part of the new economy, poised to help lead this region into the new century. As a result of the privatization process, Brazil's telecommunications infrastructure is rapidly becoming the best in South America. Privatization in other sectors is paying dividends, as well. Embraer is a prime example of the new economy in Brazil.