The World Economic Forum (WEF) has recently released its Global Competitiveness Report 2019. Although advancing just one position from the previous year (#71 from #72), the country continues to approach the target set by the current federal administration, in the sense of making Brazil become one of the World’s top 50 competitive economies until 2022. Among the 12 pillars of the study, Brazil advanced in 9 (Infrastructure, ICT adoption, Macroeconomic Stability, Human Capital Skills, Labor Market, Financial System, Market Size, Business Dynamism and Innovation Capability), with lower grades on three items (Institutions, Health and Product Market). Among Brazil’s highlights are Market Size (#10) and Innovation Capability (#40). Although there is a lot to be done to increment Brazil’s competitiveness, the fact that the country keeps ascending in the global ranking is seen as an indicator that the macro and microeconomic measures that have been implemented are starting to produce effects, so that one could say that the expectation is for another advance in the 2020 ranking. The ling for the study is below:

https://www.weforum.org/reports/how-to-end-a-decade-of-lost-productivity-growth