The instability of Donald Trump’s tariff policy has opened opportunities for agreements between countries and blocks -. But this does not seem to be the case of Brazil. According to Insper’s professor of economics, Roberto Dumas, Brazilians face significant obstacles to expand their participation in global markets, even in the face of opportunities created by the American tariff.
One of the largest obstacles to the country, he said, is worker productivity.
According to Dumas, the idea that Brazil could occupy spaces left by other countries in global supply chains is “completely wrong”. The economist points to structural problems that go beyond and, emphasizing that the total productivity of factors is the crucial element for economic growth and the ability to replace productive chains.
Worrying educational performance
To illustrate the challenge of productivity, Dumas cita (Pisa). “From 76 countries, Brazil ranked 65th in mathematics, 62nd in science and 52nd in reading,” says the economist, indicating that the country does not have the necessary capacity to replace global supply chains.
In addition to the educational issue, Dumas addresses another critical aspect :. He explains that the problem is based on that “salary rises much further than worker productivity.”
This disparity between wage increase and productivity makes it unfeasible to replace supply chains, according to the expert. “You can’t replace supply chains with a unit cost of labor given to worker productivity,” concludes Dumas, noting that these are long -term challenges that are not limited to specific governments, but represent structural issues of the Brazilian economy.
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