Explaining Brazil #123: Reducing business complexity in Brazil

Photo: Alphaspirit/Shutterstock

This week’s episode, Reducing business complexity in Brazil, was supported by AMEC, the Brazilian Association of Investors in Capital Markets. AMEC brings together around 60 institutional investors from Brazil and abroad — which have a combined portfolio of over USD 130 billion.

It was also supported by AirYourVoice.com, a platform that offers an SEO Mastery course which will make your company’s website the top-ranked in your field, in no time at all.

The Brazilian Institute of Geography and Statistics has just published Brazil’s second-quarter GDP numbers. The results were slightly worse than anticipated — and the bar was already set very low, to begin with. Brazil’s economy shrank by an eye-watering 9.7 percent, as a direct result of strict quarantine measures enforced in late March and April.

Still, there are some silver linings to take away from the results. But experts condition their optimism to the approval of structural reforms to reduce public spending, simplify regulations, and improve the business environment.

Listen and subscribe to our podcast from your mobile device:

Spotify | Apple Podcasts | Google Podcasts | Deezer

On this episode:

Rodrigo Zambon is the managing director of the TMF Group in Brazil, a service provider in administrative support for businesses looking to expand operations internationally.

Background reading:

Don’t miss our Covid-19 Live Blog.
Markets reporter Natália Scalzaretto breaks down Brazil’s Q2 2020 GDP announcement and analyzes what the future holds for the country.
The government’s coronavirus aid program has been crucial in avoiding a huge drop in family consumption. But what happens when it ends?
Luiz Guilherme Schymura, from IBRE-FGV, writes that there are still reasons to bet on Brazil, even amid economic uncertainties.
Last year, we analyzed the many tax reform proposals in Brazilian Congress in episode 72 of Explaining Brazil.

Do you have a suggestion for our next Explaining Brazil podcast? Drop us a line at podcast@brazilian.report

Don’t forget to follow us on Twitter and Facebook.