The Economist -
20 Jul 2017 16:44

IN THE litany of bosses' gripes about Brazil's inclement business climate, rigid labour laws vie for pride of place with its convoluted tax laws and its licensing rules (on everything from health and safety to protection of cultural heritage). No wonder: Brazil ranks a miserable 117th out of 138 countries on labour-market efficiency, according to the World Economic Forum. Its rigid labour law was transplanted from Benito Mussolini's Italy in 1943. Employers find it thoroughly unsuited to a moder...
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