The International Debt Collections Handbook is a key tool for businesses when it comes to making decisions concerning collections in foreign countries.
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Access a snapshot of the credit risk situation and business performance of 14 major industries in your country. The forecast is based on the assessment of Atradius underwriters.
The adoption of a pension reform that provides savings of at least 600-700 billion reais is key to keep public debt sustainable and to sustain invertors’ confidence in the long-term.
Coupled with high interest rates of more than 60% austerity measures will deepen and lengthen the economic contraction, and a rebound expected in late 2019 at the earliest.
Shock resistance is strong due to prudent economic and financial policies, but a serious disturbance of global trade by protectionism would hurt exports.
GDP is forecast to grow about 3% annually, driven by higher oil prices, investments and consumption, but concerns about the fiscal deficit remain an issue.
Higher costs of raw materials and import tariffs have increased operational costs and reduced overall profitability in the household appliances segment.
Many smaller retailers lack the flexibility and financial means to adapt business models to changing consumer habits, and the credit risk remains elevated.
Retailers´ margins are expected to decrease further due to the fierce competitive market environment in most segments and increased price transparency.