Editing Economy of Brazil (section)

=== Control and reform ===
Among measures recently adopted to [[Balance (accounting)|balance]] the economy, Brazil carried out reforms to its social security (state and retirement pensions) and tax systems. These changes brought with them a noteworthy addition: a Law of Fiscal Responsibility which controls public expenditure by the executive branches at federal, state and municipal levels. At the same time, investments were made towards administration efficiency and policies were created to encourage exports, industry and trade, thus creating "windows of opportunity" for local and international investors and producers.

With these alterations in place, Brazil has reduced its vulnerability: it does not import the oil it consumes; it has halved its domestic debt through exchange rate-linked certificates and has seen exports grow, on average, by 20% a year. The exchange rate does not put pressure on the industrial sector or inflation (at 4% a year), and does away with the possibility of a [[liquidity crisis]]. As a result, the country, after 12 years, has achieved a positive balance in the accounts which measure exports/imports, plus interest payments, services and overseas payment. Thus, respected economists say that the country will not be deeply affected by the current world economic crisis.<ref>[http://www.brasil.gov.br/ingles/about_brazil/brasil_topics/economy/categoria_view Control and reform] Brazilian Government. Retrieved on 24 October 2011.</ref>

In 2017, President [[Michel Temer]] refused to make public the list of companies accused of "[[modern slavery]]". The list, made public yearly since the presidency of [[Luiz Inácio Lula da Silva|Luís Inácio Lula da Silva]] in 2003, was intended to persuade companies to settle their fines and conform to labor regulations, in a country where corruption of the political class risked compromising respect for the law. The relations of the president-in-office with the "landowner lobby" were denounced by dismissed President [[Dilma Rousseff]] on this occasion.<ref>{{cite web| url = https://www.humanite.fr/au-bresil-temer-protege-les-esclavagistes-633475| title = Au Brésil, Temer protège les esclavagistes | date = 16 March 2017 }}</ref>

[[File:Downtown of Rio de Janeiro.jpg|thumb|right|Central business district of [[Rio de Janeiro]].]]