Open AccessInstitutional obstacles to Brazil’s economic growth and development
Author(s) -
Werner Baer
Publication year - 2015
Publication title -
revista de desenvolvimento e políticas públicas
Language(s) - English
Resource type - Journals
ISSN - 2447-360X
DOI - 10.31061/redepp.v0n1.7-16
Subject(s) - investment (military) , poverty , human capital , economics , the arts , state (computer science) , exchange rate , development economics , economic growth , business , economic system , monetary economics , political science , politics , law , algorithm , computer science
This article tries to discover some of the roots behind Brazil’s slow economic growth. These include the generally low investment/GDP ratio, the country’s incapacity to implement timely infrastructure investments, the long-term overvalued exchange rate, the poverty of human capital, the incapacity to do state-of-the-arts research and development, and the weak educational system.