Study predicts more inequality and polarization in countries with EU-Mercosur agreement

BBC News Brasil, Paula Adamo Idoeta in 11/06/2021

Celebrated two years ago as one of the biggest trade agreements in history and as a trump card of the Jair Bolsonaro government, the free trade agreement between Mercosur and the European Union could, according to a recently released report, leave the Brazilian and other countries economies even less productive, more unequal and more vulnerable.

The study, carried out by Boston University’s Center for Global Development Policy, contrasts with previous analyzes by stating that the agreement tends to “distance countries further from growth and sustainable development”, in addition to increasing South American industrial and productive inequality in relation to the European one.

This content can be viewed freely