How Brazil Can Become An Economic Powerhouse

In only one-year Brazil President Jair Bolsonaro has been able to revert 13 years of socialist policies which were implemented by the previous leftist presidents Lula and Dilma. His accomplishments include passing important free-market reforms such as the pension reform and different de-regulation laws, such as the reduction of the number of Ministries from 29 to 22, and the privatization of logistics networks from roads to airports. Thanks to the approval of the anti-crime package crime rates have dropped by 22%. Also, 2019 was the best year for employment since 2013, with almost one million jobs created.


By Lorenzo Montanari via Forbes


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