extra

Brazil in 2022: A (More) Business-Friendly Country?

Published 07 Sep 2022
Reference 6774
Region South America
Summary

This case describes the macro and micro economic reforms made across Brazil’s economy in the last three years to tackle the “custo Brasil” (Brazil cost) that stems from excessive bureaucracy, regulation, corruption, complex tax system and poor infrastructure that have inhibited business for decades and accounts for 22% of GDP. The case discusses whether these reforms have put Brazil on a path to becoming more business friendly and more internationally competitive.

Teaching objectives

The aim is to discuss if the business landscape in Brazil has been transformed by recent reforms and if doing business in Brazil has become easier. More broadly, it allows discussion of how institutional changes can impact the business environment in an emerging country, and how far they may allow Brazil to reach its potential in the future.

Keywords
  • Emerging Markets
  • Brazil
  • Doing Business Ranking
  • Institutional Change
  • Economic Reforms
  • Business Environment
  • Latin America
  • Brazil Cost
  • Global Competitiveness Index
  • Custo Brasil
  • Q32022