The Economist (official group for The Economist newspaper)

The Economist (official group for The Economist newspaper)

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otaviano C.

otaviano

Brazil’s exports increased at almost twice the global rate in a decade, but still lack competitiveness, according to a new study by the World Bank.

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  • January 23, 2013
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  • Flavio F.

    Flavio

    Flavio F.

    CFO

    Good article, unfortunately no Brazilian public elected officer will ever read nor believe that without their support Brazil can go anywhere. There is no way we can wait for years to have our infrastructure upgraded. The country is attached to this government does all attitude which hampers our ability to grow.

    Years ago, the Brazilian government headed by Mr. Lula self-declared its oil independence. Just to allow us to know now that 70% of our gasoline is imported, how can I be not dependent in foreign oil if I import my gas/petrol? Justification: our oil is rich in sulfur and our refineries can’t process it. So we have known that for what 20 years now and Petrobras, the state owned company and monopoly holder, can’t build one single oil processing plant (a.k.a. refinery) capable of dealing with this oil.

    Brazil needs a sock of free market, not the “free” market which champions nowadays (where only the Workers’ Party friends have opportunities). We need to allow business, competitive ones to build and charge fair prices for our infrastructure. We need roads, ports, railroads, steel mills, power transmission lines, power generation, water and sewage treatment plants, etc. otherwise we are going to stay behind and we are going to lose a wonderful opportunity to grow.

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