Fighting Poverty: the Most Economical Option for Brazil

Brazil spends the equivalent of 5% of GDP on subsidies to companies. Although this is lower than the amount spent on social security and retirement pensions, it tends to favor the rich.This is because the companies that benefit from most subsidies are not small enterprises run by low-income individuals, but rather large companies that hire better-qualified workers and which may not, necessarily, generate quality jobs for the poor.

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