Brazil is one of the least competitive countries in the world, according to a ranking published annually by the Swiss business school IMD. The country dropped two spots in this year’s rankings to 59th, ahead of South Africa, Mongolia, Argentina and Venezuela.
Comparing with 2010, the year in which Brazil had its best result — ranking 38th — the country had a drop of 21 positions. O CNN Specialist in business management Antonio Batista da Silva Jr. assessed the country’s situation in the survey.
“This ranking shows that the conditions for the country’s economy and business environment to grow have worsened a lot in the last 12 years,” he said.
About the ranking
The ranking published by the Swiss business school IMD is an international competitiveness report carried out for 34 years, with partners from 63 countries — in Brazil, the partner is the business school of the Dom Cabral foundation.
In addition to collecting macroeconomic data and indicators, the researchers also conduct interviews with more than 100 entrepreneurs from different sectors and regions.
“This ranking is interesting, as it not only shows aggregated data, but also people’s perception of how the business environment is doing,” said Batista.
Two-thirds of the weight of the note refers to indicators such as inflation, GDP per capita and unemployment rate. A third is calculated from the interviews.
The objective is to show the country’s ability to promote a competitive environment so that companies can generate sustainable value and a value that is maintained in the long term, which generates prosperity for its population.
See more in the video above.
* Under supervision of Daniel Fernandes
Source: CNN Brasil
