The Brazilian nationalist candidate for 2022 elections, Bruno Sousa Alves da Costa, has officially published his plan of reindustrialization of Brazil and to turn Brazil into a world superpower in 8 years of government

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The Brazilian nationalist candidate for 2022 elections, Bruno Sousa Alves da Costa, has officially published his plan of reindustrialization of Brazil and to turn Brazil into a world superpower in 8 years of government, his plan got massive support of Brazilian nationalists, and it's considered as a massive planned economy and nationalist plan. This plan seems to be extremely ambitious and very realistic, but its main objective is the industrialization of Brazil.

Reindustrialization plan

Bruno Sousa Alves da Costa, who will be known as "Bruno Sousa" or "Bruno Sousa Primeiro" for short, has prepared a plan that is considered an economic manifesto, in which he states that in 8 years of a government, he aims to develop Brazil into a superpower and industrialize the country and to restore the Brazilian economy. His plan includes, among others, plans to develop infrastructure, the Brazilian industry, tourism, agriculture, to create a new space for Brazilians, and to make Brazil a superpower in 8 years of government.

It is known that Brazil is one of the most important economies in the world, along with the USA, the UK, the EU, Japan, China, etc., and Bruno's plan has got massive support in Brazilian society because Brazil has the largest economy in South America and the 4th largest in the world, the largest number of cities in South America, and the biggest number of inhabitants in South America. According to a recent forecast, the country will grow between 4 and 7 of its GDP in 2018, the second highest growth rate of the BRICS countries, although the growth rate of the country is expected to be around 5 this year.

It is worth remembering that the recession in Brazil started in 2014 and since that moment, the GDP has decreased every year until 2016, when the economy started to recover.

In the last years of Fernando Henrique Cardoso, Brazil's economic growth was impressive, with the GDP growing an average of 7.8 from 1994 to 2002. In 2004, the Bovespa stock exchange and the Brazilian currency suffered a dramatic decline due to the fall of the currency of the US dollar, and in 2009 the economy suffered a recession, which only recovered in 2016, but not fast enough for the country to escape from the third position of the largest economies of the planet, which puts Brazil in the top 10.

The crisis began in the United States, which led to problems with US trade and a slowdown in the Chinese economy, which also affected the Brazilian economy.

Brazil’s growth was due to the implementation of a policy that focused on attracting foreign capital to the country, promoting industrial investment and trade, making changes in taxes to encourage investment, etc.

The plan aimed to accelerate the implementation of policies in order to increase employment in the country, which it did by attracting the investment of the international economy.

During these last years, the government had achieved remarkable results, with exports and GDP growing each year and the country growing an average of 7.5 in the period between 2002 and 2006.

The decline of the Brazilian economy was due to the collapse of the foreign currency, which affected trade, and there was a sharp decline of imports and exports, which affected the economy of the country.

There were other reasons, such as the collapse of the oil market that had a significant effect on the reduction in exports to Venezuela and India.

In 2007, the world experienced the financial crisis, when the US economy came to a halt and the US government decided to suspend foreign currency.

When foreign currency is no longer valid, all currency transactions are translated in US dollars, and all companies that export goods to the US are affected.

These countries were affected by the crisis: Argentina, Brazil, Chile, Colombia, India, Mexico, Peru, and Turkey, among others.

Therefore, the decline in exports became a fact, and between 2007 and 2012, Brazil grew at an average rate of only 1.1.

This crisis of the foreign currency, affected companies that export, which are mainly dependent on exports for their profitability.

The financial crisis did not just affect the country’s economy, but the effect was even felt in the country.

There were even speculations about the government's possible insolvency due to the increase in public debt.

The government sought to correct the consequences of the crisis, however, and from 2014 to 2015, the Brazilian economy grew an average of 4.5 (between 2014 and 2015, the country’s GDP increased 6.9, which is the highest growth rate between 2010 and 2015).

Even this year, the average annual growth rate is expected to be 6.8, which will allow Brazil to recover from the financial crisis, which hit hard for three consecutive years.

The Brazilian economy has recovered and is growing strongly in the past few years, and the country is now one of the best-performing economies in the world.

Even so, Brazil is not yet the world leader in economic performance.

In some aspects, it is not at the top, but it is ranked in the top five.

In 2014, Brazil was ranked number six in the Doing Business 2014, an index which evaluates business regulation in 140 countries.

This index ranks countries according to how easy it is to do business, such as register a business, get credit, and collect taxes.

According to this list, Mexico is at the top of the best-performing countries in terms of entrepreneurship, the United States is in second place, China in third, Brazil in fourth and Turkey in fifth place.

According to the Doing Business 2016, Brazil was ranked 14th in this list.

There are many factors that could explain why Brazil is not at the top of the list, for example, Brazil's high rates of corruption, which leads to the low rating in the Doing Business 2017, which is based on the previous Doing Business 2016 index.

However, Brazil does not have a strong presence in international financial markets, as reflected in its low international investment rating, as it ranked 23rd in the Doing Business 2017 index.

Brazilian firms will be able to operate internationally in a wider context, starting now with the BRICS Forum, a new platform created by Brazil, Russia, India, China, and South Africa, in which the world's five largest emerging economies have agreed to work to deepen their cooperation.

However, the country still has important problems to address such as the high level of corruption and the low quality of infrastructure.

Brazilian companies that manage to achieve success in international markets will have an important role in global integration and competitiveness in coming years.

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