- Recent reforms have addressed some of the barriers to the entry and expansion of firms, in particular foreign ones. To bridge the gap with OECD countries, Brazil could take steps to reduce tariff and non-tariff barriers and to further automatise and streamline trade formalities.
- Brazil’s regulatory framework in the area of retail trade is more competition-friendly than in many OECD economies. In contrast, the provision of services by accountants, architects, engineers, lawyers, notaries, and estate agents is still subject to a range of regulatory constraints that limit competition and risk hampering innovation and productivity.
- Brazil has made strides in the adoption and implementation of better regulation practices and tools, particularly by the federal administration. Establishing a complete and comprehensive legal and institutional set-up is key to address co-ordination gaps and the successful rollout of a better regulation policy. In particular, the governance of the RIA system and its adoption by policy makers throughout the administration could be strengthened.
- Brazil’s efforts to review the stock of regulation are going in the right direction. To harness their potential, they could be articulated under a whole-of-government strategy for administrative simplification, within the scope of the country’s regulatory policy.
- In the gas sector, recent and planned regulatory changes have been underpinned by strong stakeholder engagement activities and promise to narrow the gap between Brazil and OECD countries.
For further information, please contact Manuel Flores, OECD Regulatory Policy Division.