Mechanisms of Control on the Circulation of Foreign Capital, Products, and People in Brazil

BY QUINN SMITH and OLAVO FRANCO BERNARDES — Brazil is a topic of extensive discussion and the growth of its economy has triggered a wave of interest and investment. In many ways, the internal workings of the Brazilian government remain a mystery. Brazil has a history of complex bureaucracy, which has led to the term “Custo Brazil,” or the additional costs associated with doing business in Brazil. This article aims to help non-Brazilian readers better understand the inner workings of the Brazilian government by detailing some of the areas where the Brazilian government exercises control, focusing on foreign capital, products, and people. Read More

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