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The Role of Services for Economic Performance in Brazil

Jorge Arbache (), Dorothée Rouzet and Francesca Spinelli
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Francesca Spinelli: OECD

No 193, OECD Trade Policy Papers from OECD Publishing

Abstract: This paper highlights the large contribution of services to the Brazilian economy and the under-exploited potential of services to sustain productivity gains and international competitiveness. The areas with the largest potential for regulatory reform include improvements in the general business and trading environment as well as specific policies in transport sectors, telecoms and financial services. Reforms targeting services that add value by favouring productivity and quality enhancements, as well as services that increase efficiency by reducing production costs, have strong potential to unlock manufacturing performance. The set of proposed recommendations emerging from this analysis underlines the importance of streamlining sector-level regulatory frameworks to encourage foreign entry and competition, and the role that cross-cutting improvements in the trade and business environment would play to render services providers more competitive.

Keywords: competitiveness; services; services trade restrictions; trade policy (search for similar items in EconPapers)
JEL-codes: F13 F14 F15 F6 L8 L9 O24 O54 (search for similar items in EconPapers)
Date: 2016-10-20
New Economics Papers: this item is included in nep-cse, nep-eff, nep-int and nep-lam
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Persistent link: https://EconPapers.repec.org/RePEc:oec:traaab:193-en

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