Brazil announced during the G-20 summit that the country will invest U.S. $ 906.5 billion in structural reforms and infrastructure. It is clear that Brazil needs to overcome its bottlenecks in logistics and to reduce manufacturing costs. Industry competitiveness in the next years depend on that.
Brazilian economy; still a strong momentum. Brazilian economy should expand by at least 6.5% in 2010. This strong momentum partly stems from fiscal stimuli that slosh through the economy and propel demand. The expected growth in corporate earnings in 2010 supports the attractiveness of investments in Brazil. Government spending, not so great. The public sectorContinue reading “Our takeaway from the latest economic reports on Brazil”