Brazil And The World Bank
The relationship between Brazil and the World Bank has been successful for many years, despite many challenges. Background and history According to the World Bank, Brazil is labeled as an upper middle income country with a current GDP of $1.869 Trillion as of the year of 2018. Brazil is the largest country in the LAC region (8.52 million square kilometers), with a GNI per capita of US$14,810 and with a population of 207 million (2016). A favorable external environment, credit-fueled consumption, an expanding labor force and an expansion of social programs contributed to fast economic and social progress between 2001 and 2015. During 2012–2015, Brazil was one of the largest borrowers of the World Bank Group, with a total of US$17.5 billion invested during these four years. After 2015, with the onset of the economic crisis and given limited fiscal space for new investments, IBRD lending has declined to around US$500 million per year and the program has shifted instead on building ...
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Flag Of Brazil (1960–1968)
The national flag of Brazil ( pt, bandeira do Brasil), is a blue disc depicting a starry sky (which includes the Crux, Southern Cross) spanned by a curved band inscribed with the national List of national mottos, motto "''Ordem e Progresso''" ("Order and Progress"), within a yellow rhombus, on a green field. It was officially adopted on 19 November 1889 — four days after the Proclamation of the Republic (Brazil), Proclamation of the Republic, to replace the flag of the Empire of Brazil. The concept was the work of Raimundo Teixeira Mendes, with the collaboration of Miguel Lemos, Manuel Pereira Reis and Décio Villares. The green field and yellow rhombus from the previous imperial flag were preserved (though slightly modified in hue and shape). In the imperial flag, the green represented the House of Braganza of Pedro I of Brazil, Pedro I, the first List of monarchs of Brazil, Emperor of Brazil, while the yellow represented the House of Habsburg of his wife, Maria Leopoldina of A ...
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