The Investopedia Express with Caleb Silver cover image

Inside Brazil's Experiment to Transform its Economy

The Investopedia Express with Caleb Silver

00:00

Rio De Janeiro: The Tech Capital of South America

In Brazil, in terms of working age population, this stock of people will stagnate. If you don't attract human capital from outside Brazil, it's going to be a struggle to catch up with advanced economies. A lot of talent has moved to Sao Paulo several years ago or to other cities across South America where they might have a better standard of living. The mayor of Rio de Janeiro is trying to change that and become the tech center of South America.

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