Brazil's reindustrialisation will be economic priority
2023; Emerald Publishing Limited; Linguagem: Inglês
10.1108/oxan-db276616
ISSN2633-304X
Tópico(s)Economic Growth and Productivity
ResumoSignificance Manufacturing’s share of GDP has declined over recent years, deepening deindustrialisation. Vice-President Geraldo Alckmin, also the development, industry, trade and services minister, is to lead a re-industrialisation programme. The Brazilian National Development Bank (BNDES) may also regain its role of financing industrial growth under economist and politician Aloizio Mercadante. Impacts Sluggish productivity growth will remain a key industrial bottleneck. Policy directives will seek to link reindustrialisation to sustainability. Controversies over macroeconomic policies and doubts over the economic outlook may delay Brazilian reindustrialisation.
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