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The "Brazil Cost"
Brazilian products and services are less competitive in terms of price and quality, both in the domestic and the international markets. Structural inefficiencies, tax load, corruption, delays, high interest rates and reserved markets pressure production costs up.
The expression "Brazil cost" is being more and more used in economic circles. Without concrete measuring parameters or a precise definition, it is intended to include all items which determine the cost of the Brazilian production. However, no business association or public agency has assessed the costs and financial impact on the economy of those items, which negatively affect the competitiveness of the production.
According to an article published in an issue of "Jornal do Brasil economists see the "Brazil cost" as all exclusively domestic expenses which end up by making Brazilian products and services more expensive and therefore less competitive in relation to similar items manufactured abroad.
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