Tag Archives: bureaucracy

Business and Bureaucracy

In an article on Business and Bureaucracy, The Economist notes the roadblocks that corruption puts in the way of innovation and entrepreneurial ventures. “In Mexico, the proliferation of trámites, as pettifogging rules and paperwork are collectively known, has spawned a … Continue reading

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Bureaucracy versus productivity. Still a negative factor

Taxes. Brazilian entrepreneurs have to work 2,600 hours per year to handle paperwork for all their taxes,the highest figure among 183 countries surveyed by the IFC and the World Bank, in the Doing Business study.By comparison, the global average is … Continue reading

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Informal economy represents 18% of GDP in Brazil

Heavy taxes and a lot of bureaucracy. Those are the thoughts that came to my mind when I saw the latest FGV  estimate; Brazil’s informal economy is R$578bn, or the equivalent to Argentina’s total GDP. The good news is that although sizeable, the statistic … Continue reading

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