Brazil occupies last position in industrial competitiveness ranking, says CNI

by Andrea
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Analysis considered factors such as business environment, economy, natural resources, international trade, human and productive development, education and infrastructure

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Brazil also faces difficulties in human development and work

Brazil occupies the last position in the industrial competitiveness ranking prepared by (CNI). This study, led by the Netherlands, evaluated 18 economies, including powers such as, and. The main factors that contributed to Brazil’s negative performance were the economic environment, human development and work, and education, in which the country was also last. Fabrício Silveira, CNI’s industrial policy superintendent, attributes the result to excess taxes and the lack of investment, highlighting the need to reduce the so -called “Brazil cost”. He points out that the high interest rate in the country is one of the main obstacles to the investment.

The economist and professor at Getúlio Vargas Foundation, Carla Beni, stresses that Brazil faces significant challenges to develop its ability to innovate and expand competitiveness. In the economic environment, factors such as financing, taxation and macroeconomics are critical, with the high interest rate being a central problem. In addition, Brazil also faces difficulties in human development and work, with negative evaluations in criteria such as labor relations, health, safety, diversity, equity and inclusion. The educational formation of workers is another weak point, with the country last in this criterion, while Germany leads. Historical problems in labor formation persist, damaging Brazilian competitiveness. Disabled infrastructure, including poor road conditions and low port efficiency, also negatively impacts the country’s development.

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