RaboResearch - Economic Research

Special Dutch version

Latin America: locked up in the middle-income trap?

Latin American countries not appear to be breaking out of the middle-income trap. Productivity growth has been disappointingly low in recent decades. There are several big structural issues, such as severe human capital and infrastructure constraints.

Special Dutch version

Latin America: agricultural perspectives

Latin America is an agricultural powerhouse and is likely to remain so given significant resources of unexploited land. The region has achieved respectable productivity growth in the past and it is important to sustain such gains in the future.

Economic Report

How to tackle the ‘Custo Brasil’

Due to the so-called “Custo Brasil” Brazil is a relatively expensive place to do business. Three important growth bottlenecks are primarily responsible for this Custo Brasil: the tax system and red tape, lack of good infrastructure and human capital constraints.

Economic Report

Democracy, Brazilian style

Brazil’s political system generally makes it difficult and time-consuming to implement far-reaching reforms. Furthermore, the system seems to be affected by a lot of patronage and corrupt practices. In this report we explain why this is the case.

Economic Report

Brazil’s social challenges

In the past decade, Brazil has managed to substantially bring down its traditionally high levels of inequality and poverty. However, inequality is still high and relatively weak public services result in institutional inequality.

Economic Report

Brazil’s economic model: In need of a revamp

The recent performance of the Brazilian economy has been disappointing. We conclude that consumption and commodity exports cannot continue to drive growth. To reinvigorate its economic model Brazil needs to increase investment and productivity.