Brazil 2013: Positive Business Outlook

Investments tied to the 2016 Olympics in Rio will have a positive effect on Brazil's economy this year but deficient infrastructure also remains a major challenge. (Photo: Klaus with K)


Foreign multinationals are generally optimistic about the business outlook for Brazil this year despite several major challenges.


BY JOACHIM BAMRUD

After a weak 2012, Brazil is expected to see a comeback this year. Its economy will likely expand by 4 percent, according to the International Monetary Fund and the United Nations Economic Commission for Latin America and the Caribbean. That compares with an estimated 1.0 percent expansion last year – its lowest growth since the 2009 global crisis.

“Lower interest rates and President Rousseff’s measures to boost the economy should help Brazil come back to a stronger pattern of growth,” says Olivier Puech, Senior Vice President for the Americas at Nokia.

Jaime Ardila, President of South America for General Motors, concurs. “
The Brazilian government has applied a massive dose of  ...

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SPECIAL REPORTS

Latin America: Mixed Business Outlook
Brazil: Positive Business Outlook
Latin America's Macro Economic Outlook
Latin America's Political Outlook


QUESTIONS & ANSWERS

CEO Q&A on Latin America’s Business Outlook & Challenges
CEO Q&A on Brazil’s Outlook and Challenges

 

 



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