Will Brazil seize its future?
Yet disappointing though the economic performance of recent years has been, Brazil has tremendous potential for growth. To examine the productivity and expansion of Brazil's economy, 8 case studies of 8 important industries were carried out: airlines, automotive, food processing, food retailing...
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Veröffentlicht in: | The McKinsey quarterly 1998-06, Vol.1 (3), p.74 |
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Hauptverfasser: | , , , , , , |
Format: | Magazinearticle |
Sprache: | eng |
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Zusammenfassung: | Yet disappointing though the economic performance of recent years has been, Brazil has tremendous potential for growth. To examine the productivity and expansion of Brazil's economy, 8 case studies of 8 important industries were carried out: airlines, automotive, food processing, food retailing, residential construction, retail banking, steel, and telecommunications. The findings were then used to estimate what growth rates might be like if there were extensive reforms of the policies and regulations governing these industries. The main findings included: 1. Rapid productivity increases and additional domestic and foreign investment are the keys to doubling Brazil's per capita GDP. 2. Brazil must hold inflation in check and ensure macroeconomics stability. 3. Investment must rise to 26% of GDP. 4. Brazil could double its GDP per capita. 5. This fast growth path will not generate structural unemployment. |
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ISSN: | 0047-5394 |