February 2013

Emergent Brazil and the Curse of the ‘Hen’s Flight’

The ‘Emergent Brazil’ growth model is reaching its limits. Its main engines have been slowing significantly since the beginning of the global financial and economic crisis. Paradoxically, this paper argues, this situation opens a window of opportunity. There is a mounting national consensus on the need to tackle head-on the country’s and its industries’ lack of competitiveness. That means finding a solution to the much-decried ‘Brazil Cost’, stimulating private-sector investment and taking an aggressive trade-negotiating stance.

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