the good and the bad news is that economist design futures now 10 times faster
will the world cup and Olympics help send Brazil bust like the Olympics of Greece, or will they be the turning point of celebrating more than sports -did London help or hinder this turning point
has brazil planned Olympics locations in a way that permanently upgrades it transportation infrastructure?
Lula positioned Brazil as a BRIC - ie as relevant to future change as India, China and Russia- how do mother tongue issues work? As well as Portuguese do enough Brazilian speak Chinese, English or Soanish - presumably the 3 main business and education languages surrounding brazil
will brazil turn out to be a leader or laggard in open education world?
what a pity that Ayrton Senna didn't live- he might have been the world's number 1 ambassador between sports and open education? who do you think is - in Portuguese mother tongues, in any mother tongues
The world’s most burdensome tax code
But Brazil has done far too little to reform its government in the boom years. It is not alone in this: India had a similar chance, and missed it. But Brazil’s public sector imposes a particularly heavy burden on its private sector, as our special report explains. Companies face the world’s most burdensome tax code, payroll taxes add 58% to salaries and the government has got its spending priorities upside down.
Compare pensions and infrastructure. The former are absurdly generous. The average Brazilian can look forward to a pension of 70% of final pay at 54. Despite being a young country, Brazil spends as big a share of national income on pensions as southern Europe, where the proportion of old people is three times as big. By contrast, despite the country’s continental dimensions and lousy transport links, its spending on infrastructure is as skimpy as a string bikini. It spends just 1.5% of GDP on infrastructure, compared with a global average of 3.8%, even though its stock of infrastructure is valued at just 16% of GDP, compared with 71% in other big economies. Rotten infrastructure loads unnecessary costs on businesses. In Mato Grosso a soyabean farmer spends 25% of the value of his product getting it to a port; the proportion in Iowa is 9%.
These problems have accumulated over generations. But Ms Rousseff has been unwilling or unable to tackle them, and has created new problems by interfering far more than the pragmatic Lula. She has scared investors away from infrastructure projects and undermined Brazil’s hard-won reputation for macroeconomic rectitude by publicly chivvying the Central Bank chief into slashing interest rates. As a result, rates are now having to rise more than they otherwise might to curb persistent inflation. Rather than admit to missing its fiscal targets, the government has resorted to creative accounting. Gross public debt has climbed to 60-70% of GDP, depending on the definition—and the markets do not trust Ms Rousseff.
Fortunately, Brazil has great strengths. Thanks to its efficient and entrepreneurial farmers, it is the world’s third-biggest food exporter. Even if the government has made the process slower and costlier than it needed to be, Brazil will be a big oil exporter by 2020. It has several manufacturing jewels, and is developing a world-class research base in biotechnology, genetic sciences and deep-sea oil and gas technology. The consumer brands that have grown along with the country’s expanding middle class are ready to go abroad. Despite the recent protests, it does not have the social or ethnic divisions that blight other emerging economies, such as India or Turkey.
with fifa now known as the world cup of frauds, we would like to empower peoples of nations who reverse bid against olynpics and fifa world cup - ie which do these world sports event need most so that they get reputation back that hosting them builds not destroys a nations future
ideas on how to scale this movement welcoem isabella#unacknowledged giant.com www.universityofstars.tv