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Is It Finally Getting Easier to Do Business in Brazil?

By Otaviano Canuto

Recent reforms have helped improve Brazil's business environment. Further changes could do away with the "Brazil cost" once and for all.

Is it finally getting easier to do business in Brazil? Judging from the country’s rise from 125th to 109th in the this year’s World Bank Doing Business report, there are clearly signs of progress. Recent reforms – for example in the kind of information that is made available to creditors – are partly responsible for Brazil’s jump in the rankings. But there is much more to be done: Brazil needs further reform if it is to shake its reputation as one of Latin America’s most frustrating business climates.   

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