Editing Economy of Brazil (section)

=== Sustainable growth ===
Portuguese explorers arrived in 1500, but it was only in 1808 that Brazil obtained a permit from the [[Portuguese Empire|Portuguese colonial government]] to set up its first factories and manufacturers. In the 21st century, Brazil became the eighth largest economy in the world. Originally, its exports were basic raw and primary goods, such as sugar, rubber and gold. Today, 84% of exports are of manufactured and semi-manufactured products.

The period of great economic transformation and growth occurred between 1875 and 1975.<ref>{{cite book|last1=Fagoyinbo|first1=Joseph Babatunde|title=The Armed Forces: Instrument of Peace, Strength, Development and Prosperity|date=May 2013|publisher=Author House|isbn=978-1-4772-1844-0|page=209|url=https://books.google.com/books?id=tUdHBgAAQBAJ&pg=PA209|language=en}}</ref>

In the last decade, domestic production increased by 32.3%. [[Agribusiness]] (agriculture and cattle-raising), which grew by 47% or 3.6% per year, was the most dynamic sector – even after having weathered international crises that demanded constant adjustments to the Brazilian economy.<ref>[http://www.brasil.gov.br/ingles/about_brazil/brasil_topics/economy/categoria_view Sustainable growth] Brazilian Government. Retrieved on 24 October 2011.</ref> The Brazilian government also launched a program for economic development acceleration called [[Programa de Aceleração do Crescimento]], aiming to spur growth.<ref>{{cite news|title=From crisis to crisis in Brazil|url=http://www.economist.com/node/9537065|newspaper=The Economist|date=24 July 2007}}</ref>

Brazil's transparency rank in the international world is 75th according to [[Transparency International]].<ref>[http://www.transparency.org/policy_research/surveys_indices/cpi/2009/cpi_2009_table Transparency by country 2009] [[Transparency International]]. Retrieved on 24 October 2011.</ref>