Entrepreneurship and Economic Development in Brazil: Recent Trends

Abstract

This paper deals with the evolution of entrepreneurship and economic development in Brazil over the last decades. It shows the importance of the services sector in the creation of jobs for the growing Brazilian population, stressing also the factors at work for the slowdown in progress of the nation’s overall productivity in modern times. Some proposals to overcome this lacklustre performance of the Brazilian economy are contemplated in the end.

Keywords

• entrepreneurship
• productivity
• innovation
• interest rates
• credit