The Brazilian Industry Lack of Competitiveness

Brazil‘s economy Latin America´s largest shrank by 38% in 2015 - the most in the last 25 years. Brazil´s credit ranking lowered to junk. Business and consumer´s confidence are near their lowest level in the country´s history. The current critical and political environment is pressuring country´s business sector that is fighting to reduce cost through more efficient use of resources. The country bad performance in management practices is related with its low level of productivity: certainly appearing reasonable to say management practices should be viewed as determinant of national productivity.