Brazil in recent news have increased its desire in US tech companies. Spending will drastically go from $20 billion (2007) to $32.3 billion (2011). The companies invested in the large nation are Dell, Myspace, and Draper Fisher Jurvetson. All of this spending could increase the power of the nation as it competes with others like India and China in technologic integration.
But why has this country been slow to the curve. Inflation crippled the economy, slowing it down. It took the country many reforms to stabilize it and now they plan to reinvest. But will it work? The great divide between rich and poor might increase more if only the rich can obtain computers and the internet. Plus taxes might kill the early adopters into buying in. Either way Brazil seems steadfast into enter the ethernet mainfraim and become even more globally recoginized.
Information found at USA Today
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