Case ID: 711024     Solution ID: 5101     Words: 2842 Price $ 45

Brazil Leading the BRICs Case Solution

Case Solution

Brazil's new president, DilmaRousseff, had declared arrangements to maintain GDP development over 5 percent yearly and proceed with the nation's administration among developing countries. In between 2003 and 2010, Brazil profited from robust economic and commercial development and stable strategies under the Lula supervision. Brazil likewise progressively drove the BRICs (the rapidly developing countries of Brazil, Russia, India, and China) in multidimensional transactions, especially in the World Trade Organization's Doha Round. Still, Brazil's efforts to implement a mandatory permit of a licensed treatment for HIV/AIDS and its triumph in a long lasting WTO debate with the United States over cotton endowments had created pressures with primary business partners. Taking charge of office in January 2011, Rousseff had the chance to layout another program for global business. In particular, she needed to choose whether to look for fulfillment of the Doha Round, which was in a stalemate because of disagreements regarding worldwide protected innovation rules and agrarian sponsorships and tariffs, or to rather seek after regional trade contracts and agreements in South and Central America. Rousseff likewise vowed dynamic government role in the economy, portrayed as the "Brazilian capitalism," however it was vague whether fiscal development combined with traditional monetary strategies would decrease bottlenecks to development and further temper Brazil's high disparity.

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Questions Covered

What are the best arguments Brazil and the US can make to the WTO’s dispute settlement body concerning cotton subsidies?

In the compulsory licensing issue, who is right, Brazil or Merck?

Are Brazil’s WTO actions serving the country’s long-term economic and business interests?

Will “Brazilian capitalism” sustain current GDP growth levels? Is Brazil the country of the future?