Economia
Sei Shiroma is, frankly, a tiny player in Brazil’s $2 trillion economy. A 29-year-old immigrant from New York, he runs a pizzeria out of the ground floor of an old apartment building near downtown Rio de Janeiro. The place seats, when tightly packed, maybe 10 people.
But Shiroma’s saga as an aspiring entrepreneur, and the bitter attitude it instilled in him, underscore one of the great ills plaguing Latin America’s biggest economy. It can be excruciatingly painful to open -- and then operate -- a business in Brazil.
Shiroma refers to the months he spent last year supervising construction and tracking down documents needed to open the restaurant as the worst time of his life. And then he delivers a damning verdict: When he expands his business, he may go somewhere in Europe rather than trying to open another pizzeria in Brazil.
“I’m still recuperating emotionally,” Shiroma says.
While Brazil’s long slide into its worst recession in 25 years has any number of high-profile causes -- from ballooning federal debt to the corruption scandal paralyzing the oil industry -- the government’s inability to untangle this bureaucratic mess is a key factor too, acting as an impediment to investment. It is one of the many structural reforms the country failed to address during the boom years of the previous decade, when soaring prices for its commodity exports papered over the gaping holes in the economy.
In the World Bank’s “Doing Business 2015” list, Brazil ranks 120th out of 189 countries. That puts it behind nations like Nicaragua, Swaziland and Lebanon. It takes 103 days to open a business in Sao Paulo, the study shows. In Mexico City, it takes six days. Four in New York City. Getting a construction permit, meanwhile, can take 400 days in Sao Paulo, more than four times the wait in Mexico City and New York.
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Economia
Burocracia brasileira destrou a economia
Sei Shiroma is, frankly, a tiny player in Brazil’s $2 trillion economy. A 29-year-old immigrant from New York, he runs a pizzeria out of the ground floor of an old apartment building near downtown Rio de Janeiro. The place seats, when tightly packed, maybe 10 people.
But Shiroma’s saga as an aspiring entrepreneur, and the bitter attitude it instilled in him, underscore one of the great ills plaguing Latin America’s biggest economy. It can be excruciatingly painful to open -- and then operate -- a business in Brazil.
Shiroma refers to the months he spent last year supervising construction and tracking down documents needed to open the restaurant as the worst time of his life. And then he delivers a damning verdict: When he expands his business, he may go somewhere in Europe rather than trying to open another pizzeria in Brazil.
While Brazil’s long slide into its worst recession in 25 years has any number of high-profile causes -- from ballooning federal debt to the corruption scandal paralyzing the oil industry -- the government’s inability to untangle this bureaucratic mess is a key factor too, acting as an impediment to investment. It is one of the many structural reforms the country failed to address during the boom years of the previous decade, when soaring prices for its commodity exports papered over the gaping holes in the economy.
In the World Bank’s “Doing Business 2015” list, Brazil ranks 120th out of 189 countries. That puts it behind nations like Nicaragua, Swaziland and Lebanon. It takes 103 days to open a business in Sao Paulo, the study shows. In Mexico City, it takes six days. Four in New York City. Getting a construction permit, meanwhile, can take 400 days in Sao Paulo, more than four times the wait in Mexico City and New York.
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- Pib -4,5 %
Brazil’s economy shrinks by record 4.5% Joe Leahy in São Paulo Brazil’s gross domestic product fell by a record 4.5 per cent year-on-year in the third quarter, confirming fears that Latin America’s largest country is on track for...
- The Economist Sobre O Brasil De 2015
In a quagmire Latin America’s erstwhile star is in its worst mess since the early 1990s CAMPAIGNING for a second term as Brazil’s president in an election last October, Dilma Rousseff painted a rosy picture of the world’s seventh-biggest...
- A Verdade Sobre A Economia Brasileira
Why Brazil Is Its Own Worst Enemy Daniel Wagner Many common perceptions foreign investors have about Brazil are misplaced. By all rights, given its size, location, and natural resource base, Brazil should be an economic juggernaut. But the truth...
- Potencial De Crescimento Econômico Do Brasil Em Dúvida
Brazil, Country of the Future No More?Andrés VelascoSANTIAGO – During a visit to Rio de Janeiro last year, US President Barack Obama told a cheering crowd that Brazil is the country of the future no more. “For so long, you were...told to wait for...
- Conseguirá O Brasil Evitar Sua Argentinização?
Para Sebastian Edwards, o mundo conseguiu evitar a "argentinização" ao longo da crise financeira. A Argentina, ao contrário, continua "argentinizando". Conseguirá o Brasil escapar desta maldição? "But the most important question is what will happen...