Regulatory Reform in Brazil

image of Regulatory Reform in Brazil

Removing unnecessary barriers to competition through targeted reforms can foster productivity and economic growth. This Regulatory Reform Review of Brazil analyses sectors that create barriers to competition, such as regulations that create obstacles to the entry of firms, inhibit the entry of firms, or restrict activities in professional and network sectors. In a complementary way, the review also identifies government efforts to develop policies and tools to improve the quality of regulations, such as ex ante assessment of draft regulations, stakeholder engagement in rule making, and administrative simplification. High-quality regulations can stimulate productivity by encouraging the efficient allocation of resources and promoting innovation. In turn, these measures can reduce prices for consumers, stimulate the creation of jobs, and help improve living standards. The review identifies areas for reform to bring the country’s regulations and institutional arrangements more in line with international best practices. It demonstrates how a proportional, clear, and efficient regulatory framework can drive improvements in Brazil’s economic performance and the welfare of its citizens.

English Also available in: Portuguese

Executive summary

The effectiveness of a regulatory framework hinges upon both the what and the how of regulation. Policy makers and regulators must look at the what – the substance of regulation – to ensure that the “rules of the game” deliver desired outcomes. Equally important is that policy makers and regulators consider the how of regulation – how countries develop, implement, and review rules – to ensure that regulations work effectively to promote the public interest.

English Also available in: Portuguese

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error