* Brazil’s economic growth has stalled during the past 25 years. A McKinsey study proposes five groups of priority measures aimed at removing barriers to productivity. If implemented, these measures could lift GDP growth to a sustained rate of 7 percent a year.
* Brazil must tackle its huge informal economy, which distorts competition; reduce high levels of government consumption, which keep the cost of capital high; improve the inefficient judicial system and other public services; and develop an adequate infrastructure. The fifth priority is to create a nationwide commitment to a long-term economic vision and to ways of implementing these measures.
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