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How is Brazil seeking to boost manufacturing industry?

AIG Global Risk Assessments - Manufacturing output grew steadily in the 2000s, but after experiencing a V-shaped contraction and rebound during the 2008-09 global financial crisis it has struggled to regain momentum. Levels this August were 4% below the highs reached in May 2011, despite an upturn over the past six months. Manufacturing as a percentage of GDP has fallen from the equivalent of 17.3% on average in 1995-2005 (a relatively large manufacturing base for an emerging economy) to 14.6% in 2011. Brazil now runs a massive trade deficit in merchandise goods, as local manufacturers struggle to compete with a wave of cheap imports, notably from China.

07.11.2012
Topic Manufacturers

How is Brazil seeking to boost manufacturing industry?
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