Abstract :
With a lagging infrastructure, Brazil seeks a bigger role for private enterprise so Government can concentrate on social needs. Modernization and expansion of this fragile infrastructure is vital to Brazil´s economic growth and global competitiveness. But there is not enough government money. The proposed solution: end state monopolies and get government out of businesses that are best left to the private sector. Sell them to private entrepreneurs, both domestic and foreign, who can streamline operations, trim employee-heavy staffs, and invest in expansion. This transition to privatisation an foreign investment is discussed
Keywords :
economics; government policies; investment; Brazil; economic growth; employee-heavy staffs trimming; expansion investment; foreign investment; global competitiveness; infrastructure modernisation; operations streamlining; private enterprise; private entrepreneurs; privatisation; Chemical industry; Cities and towns; Energy management; Marketing and sales; Monopoly; Petrochemicals; Petroleum; Privatization; Steel; US Government;