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"Everything in Brazil is more expensive than abroad"

06/24/2013

This article was translated by an automatic translation system, and was therefore not reviewed by people.



 


"Everything in Brazil is more expensive than abroad." The assertion Ricardo Amorim, one of the most influential economists in the world and president of Ricam Consulting, a company that provides economic and financial advisory and investment strategy for clients worldwide, illustrates the Brazilian scenario where everything is "expensive". The expert gave the lecture "Economic transformation in Brazil and in the world and the challenges and opportunities of the financial sector" on the morning of Friday (14/06), during the International Banking Automation, promoted by the Brazilian Federation of Banks - Ciab febraban in 2013.

According to the Economist, among more than 150 emerging countries, Brazil is the third largest in volume of the total tax burden. He found in a survey that among the 50 most expensive cities in the world, three are Brazil (Brasilia, Rio de Janeiro and São Paulo). "Everything in Brazil is more expensive than outside. We tax rich country and public service poor country. A friend of mine calls this bureaucracy, "he says.

The expert states that although this scenario, Brazil is a country that is "condemned" to grow, due to all the factors favoring its domestic economy. Over the past 10 years, 59 million people in classes that emerge become potential consumers of various products and services, including banking. "From one moment to another hundreds of millions of people in China, India and Brazil have become emerging consumers," poses.

He points out that Brazil has relatively low growth, but in comparison with other countries are doing well. The average increase in the Gross Domestic Product (GDP) of countries like United States, Europe and Japan over the past 10 years was 1.1%, ie the "pibinho" Brazil last year. "Brazil grows twice without resolving anything, luckily," analysis.

Amorim is time for the government seize the economic and boost investment and not consumption - as done by the Government in recent years.
With supply growth the country is become a global competitor with the greatest potential.


Source: UOL - Modern Consumer

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This article was translated by an automatic translation system, and was therefore not reviewed by people.

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