Table of Contents

INTRODUCTION 2
BRAZIL 2
Political Analysis 3
Cultural Analysis 4
Economic Analysis 7
MEXICO 9
Political Analysis 10
Cultural Analysis 11
Economic Analysis 14
COMPARATIVE ANALYSIS 17
Recommendation 18
BRAZILIAN STEEL INDUSTRY 18
IMPLEMENTATION 19
REFERENCES 21
APPENDIX 24

INTRODUCTION
Brazil and Mexico are two emerging markets that are becoming increasingly prevalent and influential on the international stage. These nations share many similarities. Both are newly industrialized developing economies, share similar cultural and societal norms and are considered the top economies of Latin America. Brazil and Mexico both have crumbling infrastructures in dire need of upgrades. Despite these similarities, …show more content…

This is due to historical contact and influence from other European nations (Culture of Brazil, 2012). There are also several minority languages commonly used in Brazil, such as German and Italian.
Roughly 73% of the Brazilian population identify themselves as Roman Catholic. Catholicism was introduced to the region and spread largely by Portuguese Jesuits that arrived in 1549. Their mandate was to colonize Brazil in the name of Portugal and to convert the indigenous population in order to “offer salvation” from savagery (Brazil social classes, n.d.). Religious freedom is protected by the Brazilian constitution. Although church and state are separate and distinct entities, a close relationship exists between the government and the Catholic institution (Countries and their culture: Brazil, n.d.). Most Catholic holidays are statutory holidays in Brazil. In addition, any inauguration ceremonies for public buildings are almost always presided over by Catholic priests. In recent decades, Brazilian society has seen a rise in Protestantism; nearly 20% of the population identify themselves as Protestants, making it the second most prominent religion in Brazil (Brazil social classes, n.d.). There are also minorities of Spiritists, Jews, Muslims, Buddhists, as well as some followers of Afro-Brazilian religions such as Umbanda and Candomble (Brazil social classes, n.d.).
Brazil is marred by a