Economy of Brazil compared to only US$2 billion per year last decade, remarkable growth. The agricultural sector, locally called the "agronegócio" (agro-business), has also been remarkably dynamic: for two decades this sector has kept Brazil among the most highly productive countries in areas related to the rural sector. The agricultural sector and the mining sector also supported trade surpluses which allowed for massive currency gains (rebound) and external debt paydown. Due to a downturn in Western economies, Brazil found itself in 2010 trying to halt the appreciation of the real. Data from the Asian Development Bank and the Tax Justice Network show the
Science and technology in Brazil under João Baptista de Lacerda and Louis Couty. Unfortunately, the creation of research universities and institutes would only occur on the beginning of the 20th century - a long delay for the education, science and technology in Brazil. Oldest scientific journal in Brazil, "Archivos do Museu Nacional", was established in 1876. Brazil today has a well-developed organization of science and technology. Basic research is largely carried out in public universities and research centers and institutes, and some in private institutions, particularly in non-profit non-governmental organizations. More than 90% of funding for basic research comes from governmental sources. Brazil is one