Barriers to Growth in Brazil
Survey question: What is Brazil’s biggest obstacle to returning to higher growth?
While the order in which survey respondents ranked
the major barriers to a return to growth in Brazil was
unchanged year-on-year, there was a marked increase in
the number of respondents that cited ‘poor governance’
as the most significant factor. At 46.0%, nearly half of
those surveyed pointed to the lack of ability amongst key
state institutions at state and central levels to properly
govern in Brazil, an increase of 11.3pp compared with last
year. There is a clear suggestion too, with the year-onyear
increase, that no short-term solution is expected,
although the reduction of respondents citing ‘excessive
government debt’ as a barrier does perhaps show an
indication that the new administration of Michel Temer
may have eased some concerns.
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