Question

9. In regards to Brazil - briefly discuss policies that would accelerate economic development.

Answer 1

Brazilian Economy :

At present the economy of Brazil is facing a rising trajectory of economic growth with the primary policy objectives directed towards it . The government is determined to increase growth through new investment avenues and other policies . The policies that would accelerate economic growth can be enlisted as follows :

a) More investment in technology and development of the secondary and tertiary sector . Removal of regulatory mechanisms in the investment in infrastructure .

b) Industrial policies to cope up with the highly competitive international industries .

c) Education and skill development of the population .

d) The stabilization of the economy through implementation of sound monetary and fiscal policies .