oB [Joao AMAZONAS, chairman]; Liberal Party or PL [Alvaro
VALLE, president]; Progressive Reform Party or PPR [Esperido AMIN,
president]
Political pressure groups and leaders: left wing of the Catholic
Church and labor unions allied to leftist Workers' Party are critical
of government's social and economic policies
International organization participation: AfDB, AG (observer), BIS
(pending member), CCC, ECLAC, FAO, G-11, G-15, G-19, G-24, G-77, IADB,
IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO,
IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM (observer), ISO, ITU,
LAES, LAIA, Mercosur, MTCR, NAM (observer), OAS, OPANAL, PCA, RG, UN,
UNAVEM III, UNCTAD, UNESCO, UNHCR, UNIDO, UNPREDEP, UNTAES, UNU, UPU,
WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO
Diplomatic representation in the US:
chief of mission: Ambassador Paulo Tarso FLECHA de LIMA
chancery: 3006 Massachusetts Avenue NW, Washington, DC 20008
telephone: [1] (202) 238-2700
FAX: [1] (202) 238-2827
consulate(s) general : Boston, Chicago, Houston, Los Angeles, Miami,
New York, San Juan (Puerto Rico), and San Francisco
Diplomatic representation from the US:
chief of mission : Ambassador Melvyn LEVITSKY
embassy: Avenida das Nacoes, Lote 3, Brasilia, Distrito Federal
mailing address: Unit 3500, APO AA 34030
telephone: [55] (61) 321-7272
FAX : [55] (61) 225-9136
consulate(s) general: Rio de Janeiro, Sao Paulo
consulate(s): Recife
Flag description: green with a large yellow diamond in the center
bearing a blue celestial globe with 27 white five-pointed stars (one
for each state and the Federal District) arranged in the same pattern
as the night sky over Brazil; the globe has a white equatorial band
with the motto ORDEM E PROGRESSO (Order and Progress)
Economy
Economy - overview: Possessing large and well-developed agricultural,
mining, manufacturing, and service sectors, Brazil's economy outweighs
that of all other South American countries and is expanding its
presence in world markets. Prior to the institution of a stabilization
plan - the Plano Real (Real Plan) - in mid-1994, stratospheric
inflation rates had disrupted economic activity and discouraged
foreign investment. Since then, tight monetary policy has brought
inflation under control - consumer prices increased by only 10% in
1996 compared to more than 1,000% in 1994. At the same time, GDP
growth slowed from 5.7% in 1994 to 2.9% in 1996 due to tighter credit.
The steadily appreci
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