Business

The pandemic could create a golden opportunity for Brazil’s industry

Covid-19 has shown the world the perils of concentrating production. As supply chains decentralize, could Brazil become a hotbed for investments?

industry brazil investments
Auto industry worker in Mogi das Cruzes. Photo: Alf Ribeiro/Shutterstock

Over the past 30 years, China has turned itself into the world’s largest factory region, concentrating no less than 28 percent of global industrial output. While other countries, namely the U.S., have criticized this concentration of production for some time, it took the Covid-19 pandemic to prove that having nearly all medical supplies produced in one place is not a good idea. That realization, coupled with a slowdown in the flow of people, should lead to a reorganization of global value chains with countries seeking to bring production closer to home.

Could that be an opportunity for...

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