No Se Mancha’s Cornelius Fleischhaker and Samuel George’s joint editorial Five Steps to Kick-start Brazil in the Financial Times beyondbrics blog.
The money graph:
Brazil’s impressive progress means it can no longer stimulate growth by helping families afford a refrigerator—they have one now and do not need another. Brazil’s new middle class needs better jobs, more skills and a dependable economy. By implementing these recommendations the second Rousseff administration could kick-start the process.
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Q: Couldn’t you just tell me what the five ways to kick start Brazil are?
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Q: But seriously, we’re talking about a country with a population of 200 million people, and I feel like you are holding out on me. Can’t you just tell us the five ways to kickstart growth?
A: 1. Fiscal Rebalancing
2. Stabilize the Macroeconomic Foundations
3. Closing the Infrastructure Gap
4. Educating a 21st-Century Workforce
5. Trade and competition
Q: Sounds kinda thin.
A: Read the article.
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