Rousseff’s Second-Term Goal: Kick-Start Brazil Growth
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Brazilian farmers like to say they are the world’s most productive on their side of the fence and the least competitive beyond. Advantages of technical skill, ample land, sun and rain are offset by red tape, taxes and poor infrastructure.
“The problem of productivity in Brazil is not about people; the Brazilian people are good,” said Joesley Batista, chairman of JBS SA, the world’s biggest beef producer. “It’s when you add up all the inefficiencies: building a building, opening a company, the taxes, the laws, the bureaucracy, the corruption.”