Productivity Profile of Brazil

 

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 Organisations

 

Banco Central performs its functions as monetary, regulatory and supervisory authority in accordance to guidelines issued by the National Monetary Council.

BNDES (https://www.bndes.gov.br/SiteBNDES/bndes/bndes_en/" rel="nofollow">https://www.bndes.gov.br/SiteBNDES/bndes/bndes_en/) (Brazilian Development Bank) is the main financing agent for development in Brazil and has played a fundamental role in stimulating the expansion of industry and infrastructure in the country.

IPEA (Institute for Applied Economic Research) is a federal publicly funded research centre linked to the Secretariat of Strategic Affairs of the Presidency of the Republic. It provides technical and institutional support to government actions – enabling the formulation and reformulation of public policies and Brazilian development programs; 

ABDI (Brazilian Agency for Industrial Development): is a body connected to the Brazilian Ministry for the Economy and responsible for developing incentive programs and sharing knowledge with the industrial sector to improve efficiencies.

 

  

Selected Publications

 

World Bank: Brazil's Productivity Dynamics (2018), Jobs and growth: Brazil's productivity agenda (2018);

OECD: Economic Surveys Brazil (multiple years), Improving skills to harness the benefits of a more open economy in Brazil (2021), Raising productivity through structural reform in Brazil (2021);

IPEA: O trabalho remoto potencial e efetivo no Brasil: possíveis razões de um hiato elevado entre estes? (2022), Uma Análise da Produtividade da Indústria Brasileira (2020), Avaliação de Desempenho do Brasil Mais Produtivo (2018), Produtividade no Brasil: desempenho e determinantes, volume 2 (2015);

World Economic Forum: Accelerating the Impact of Industrial IoT in Small and Medium‑Sized Enterprises: A Protocol for Action (2020);

Fundação Getúlio Vargas: Productivity updates & publications from the Obsérvatorio da Produtividade (Quarterly) Anatomia da Produtividade no Brasil (2017).

 

 

 

 Data

 

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Click here to access our Compare-Your-Country tool and explore productivity data from the GFP member countries.  

 

 

 Latest OECD Recommendations

 

Stronger productivity will be key for strong and inclusive growth.  Productivity growth has collapsed. Raising it will depend on reforms to boost competition, lower trade barriers and administrative burdens and simplify indirect taxes.

• Consolidate consumption taxes at the state and federal levels into one value-added tax with a broad base, full refunds for input VAT paid, and zero-rating for exports; 

• Lower tariffs and scale back local content requirements;

• Reduce barriers to entry due to administrative procedures;

• Provide more training to officials involved in infrastructure structuring. Make wider use of BNDES’ technical capacity to assist public entities in project structuring, especially local governments;

• Make wider use of public-private partnerships but ensure that all present and future liabilities are taken into account in a transparent way.