Brazil

For Brazil the decade 1944-54 was a period of rapid growth, averaging approximately 4 per cent per capita annually. The main source of this brisk expansion was a big rise in the value of exports, which stimulated the demand for local products, and at the same time provided much of the foreign exchange needed to pay for the increasing purchases of materials and equipment. (The foreign currency reserves, accumulated during the war years, also helped to finance post-war imports.) The increase in exports was, however, due, to rises in price, not in the volume exported, and it depended almost entirely on one commodity: coffee.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions