There is strong international evidence that trade liberalisation and increased international integration are key elements of a successful growth strategy. Exposure to international competition, sourcing internationally and learning by exporting accelerates technological upgrading and fosters productivity growth.
Brazil remains a fairly closed economy, with small trade flows relative to its share of world income. This paper explores the effects of three possible policy reforms to strengthen Brazil’s integration into global trade: a reduction in import tariffs, less local content requirements and a full zero-rating of exports in indirect taxes.
This case study provides an overview of the Brazilian political financing system, including the applicable legislation, categories of political parties and funding, regulation mechanisms and transparency initiatives. It also reviews some of the tools provided to political actors to comply with the legal standards, and draft legislation designed to strengthen and reform the political funding system.
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On a number of measures, Brazil’s performance in recent years has been remarkable. But Brazil still has a long way to travel to close the gap with OECD countries and to ensure all students leave school with the skills needed for life and work.
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Brazil has made significant progress in water governance over the past two decades, but the reform is still incomplete to fully reap the economic, social and environmental benefits.
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The economic impact of corruption in Brazil, South America’s largest economy, is significant not only nationally but also regionally. However, there are elements that point to an improving situation.
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Income inequality in Brazil has steadily decreased since the early 2000s. Further progress in reducing inequality requires a policy package built on three pillars: promoting inclusive employment, improving the redistributive effectiveness of the tax and benefit system and investing more into education and skills.
English, PDF, 372kb
Brazil has a leading role to play in the fight against foreign bribery for Latin America, emerging economies, and G20 countries that are not yet parties to the OECD Anti-Bribery Convention.
English, PDF, 342kb
Brazil has made significant progress in building a reputation for sound fiscal policy since it passed the Fiscal Responsibility Law in 2000. In recent years, however, the fiscal situation has become more difficult as public spending and gross debt have risen.