Luiz Carlos Trabuco Cappi: Brazil after the financial crisis.
Brazil as a nation has always been on the losing end in its economic struggle with the enormous gap between the rich and the poor continuously becoming vast. Luiz Carlos Luiz Carlos Trabuco Cappi who is a Brazilian national with a specific skill set that enables him to prosper in finance says that his country is far from enjoying the benefits of its recently revived economy. He endeavours to help his home nation to get back to the previous time from where it came from. This remark was projected at the World Economic Forum for Latin America which was conducted in Sao Paulo, Brazil. Trabuco further concluded that the positive economic growth the country has experienced in the recent months is typical of any country which has suffered financial struggle for a great deal of time. Read more at agenciacma.com to know more.
He further emphasises the fact that the country will not grow any more unless it curbs the problems that had led to its financial constraints. For the nation to forge ahead into a prosperous financial future, the government would have to consider effective resolutions to the problems that had caused the economic crisis. This phenomenon he named “the chicken flight” which meant the country re everting to its initial position. His advice to his country was to adopt reforms that would counter the underlying issues. Such changes include monitoring government expenditure about the nation’s growth. Failure to put these measures in place would lead to solvency which would mean that the government could not sustain its economy.
Luiz Carlos Trabuco Cappi who is stepping down as the CEO of the Bradesco to be replaced by Octavio Junior. Bradesco currently controls around 1 trillion dollars in assets, and this makes it be one of the largest banking institutions in Brazil. Trabuco significant role in the country was to handle the shifting hold of the country’s economy on the financial asset base. Luiz Carlos Trabuco Cappi would be remembered for his remarks and contribution to the struggle to stabilise Brazil’s economy. The bank had reformed its policies to allow Luiz Carlos Trabuco Cappi to serve as the chair of the managing and executive board. This was after the untimely demise of his would be successor Marco Antonio Rossi.