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Brazil no longer one of most reliable countries to invest
The Foreign Direct Investment Global Index, put together by consultancy firm A.T. Kearney, measures investors’ confidence in international markets. It lists the 25 places they deem as the best to put their money. For the first time since the index’s first edition in 1998, Brazil is not even on the list. As a matter of fact, no South American country is. “Investors may be concerned about ongoing economic and political uncertainty in the region, although relatively robust FDI inflows in 2018 indicate that many investment opportunities still exist,” says the report.
Brazil had been sliding down the ranking in recent years. Between 2010 and 2014, the country featured in the top 5. But Brazil has hit 12th, 16th, and 25th in the last three years. That reflects decreasing levels of foreign investment in Latin America’s biggest market. Brazil received USD 6.8bn in FDI in March 2019, a drop of 13% from one year ago.
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