Prepared by the World Economic Forum report shows that the country indicators deteriorated in almost all the pillars that sustain productivity
Report: with the fall in the economy, Brazil is at the tail end in competitiveness ranking (Ueslei Marcelino / Reuters)
Brazil lost eighteen positions in the World Economic Forum's competitiveness ranking in just one year.The Global Competitiveness Report released on Tuesday evaluates the mainstays of world economies, such as macroeconomic stability, education and sound public institutions, and translates them in an index. According to the Forum, Brazil's index fell from 4.3 to 4.1. With this, the country has the 57th position among the most competitive in 2014 to 75th in 2015. In 2011, the first year of the President Rousseff government, Brazil boasted the 53rd position in the ranking, which annually assesses the performance 140 countries.
The ranking reflects the worsening of the country's performance not only due to the economic crisis that already penalizes employment, but also to the decrease of indicators that came in advance of history, such as education and health. The Brazilian tumble contrasts with the performance of Latin America, Asia and Europe, which are also subject to external turbulence, but advancing every year on competitiveness, such as Chile, Peru, Colombia, Spain and China itself.
According to the survey, the twelve items evaluated to compose the indicator, Brazil worsened in nine: Higher education is one of the biggest falls, to move from 41st to 93rd; and Health and Primary Education, going from 77th to 103rd. On the issue of Macroeconomic Environment, the country plummeted more than thirty locations in just one year, from 85th to 117th. Despite the advance of Operation Lava Jet Team, which measures deviations from government agencies resources and state, through political parties, the Forum points out that the loss of confidence in institutions is visible and caused further deterioration in the country's rating, making there was decrease of 27 positions in just one year: now, Brazil is the 121st of 140 countries in the category of trust institutions.
Among the only three points ahead, Brazil gained two positions in the infrastructure pillar, advancing to 74th place, while in the issue technological readiness, the increase was four steps to the 54th. The item Internal Market also rose, from 9th to 7th position.
The report points out that the fall in commodity prices and the slowdown in China impacted the ranking results for virtually every country on the globe, but points out that in some Latin American countries, notably Brazil, the effects are more severe due insufficient management of internal problems."Increased capacity building against future shocks in the region will require structural reforms and investments in infrastructure, training and education," the report said. Chile continues to lead the countries of the continent, occupying the 35th position in the world ranking, ahead of Panama and Costa Rica.
Already in Asia, interestingly, the change in the Chinese economy has brought many setbacks in the economic aspect: Singapore, Japan and Hong Kong remain in the top 10 most competitive economies, while China also remains in 28th place. The three most competitive economies of the world continue to be Switzerland, Singapore and the United States, as last year.
