What Brazil Can Teach Us About Recovery?

It is predicted that global foreign direct investment (FDI) activity may fall by 40% due to the economic crisis caused by the pandemic.

While that figure gives pause for thought and is clearly a bad knock for the global economy, it also reveals that there is still a lot of interest worldwide in pursuing the right FDI opportunities, and that investment activity, while reduced, will continue.

Brazil is taking several proactive measures to aid the economic recovery by incentivizing both investors and small businesses. Are there any lessons for the Indian economy, where the results of the ‘Make in India’ campaign have been sobering at best?

Can Rio teach Mumbai?