In 2009, the author Pawel Bozyk described Brazil as a newly industrialized country. While its economy has not yet reached that of highly developed countries, Brazil has moved itself into being a significant member of the international economy.
What economic model does Brazil fit into, regarding its development path?
A.
Gross Domestic Product Improvement
B.
Genuine Progress Indicator
C.
Rostow’s Modernization Model
D.
Wallerstein’s World Systems Theory