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Capital accumulation is the first and foremost important factor to induce economic growth and development in a country. Yet, not every country in the world is bestowed with abundant capital. Thus, in this instance foreign direct investment (FDI) emerges as a good option to supply the necessary amount of capital to countries which are deprived of the necessary capital stock. Moreover, FDI, besides being a catalyst of economic development, is a significant means of transferring technology, knowledge, managerial know-how and constitutes new potentials to create employment opportunities, increase the production volume and enhance the foreign trade balance. Furthermore, the impact of FDI inflow on the economic growth is researched in this paper for Brazil by means of utilizing various econometric methods for the period of 1970–2017. According to the results of this study there is no positive causality between economic growth and FDI inflow in the short-run. Yet, there is a positive and significant causality between FDI inflow and economic growth in the long-run as well as this stems from the fact that investments lead to positive results gradually in the long-term which also means that investments shall be converted into production as much as possible. Moreover, the novelty of this paper is that it is one of the most up-to-date studies to research FDI – economic growth correlation on Brazil in the literature. [ABSTRACT FROM AUTHOR]

This paper deals with the construction of the silver economy (or the longevity economy) strategy in Brazil and its contribution to the economic development. The first and second parts of the paper summarize the international debate on the concept, mainly in the countries of the European Union. The third part approaches the focus on the ageing population in Brazil, still dominated by a pessimistic view. In the next section of the paper, the action opportunities for the longevity saving strategy in Brazil are exposed with summaries of some key sectors, according to the international literature on the silver economy. The income of the older people and the purchasing power of families with older adults are analysed in the following sections. In the conclusion, some recommended actions for building the silver economy strategy in Brazil is discussed. [ABSTRACT FROM PUBLISHER]