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Felipe Montoro Jens Explains the Privatization Process in Brazil

According to Felipe Montoro Jens, Brazil has been made more prominent with the state n the twentieth century. The big debt crisis that happened in the year 1980s created the need for Brazil to embrace privatization in the late 1980s.Brazil had to involve itself in the modernization of the infrastructure as reported by the National Confederation of Industry. Felipe Montoro Jens gives out the explanation of the process that Brazil took in favor of investments in the solution.

There was a powerful existence of the state in Brazil in the twentieth century. The idea of privatization was birthed in the year the 1930s due to the political environment that ensued. Rapid growth took place during the fifty years that followed with many businesses owned by the state. Later in 1990, National Privatization Program came in allowing privatization to become the reform platforms proposed by the government. The steel companies, petrochemical sector and the aeronautical sectors were privatized. Later in the year 1995, Concession Laws placed by the government gave priority of privatization to certain industries. Some of these companies include banking corporations, electricity, sanitation, transport, and telecommunication. Public-Private Partnership was approving by the government around 2004 and telecommunication sector was the first in line to run by private agents.

Before the capitalization of privatization, the regulatory agency organization was very crucial as it played a significant role in the country’s success. During this whole period, it was challenging to place rules to favor new businesses. By this, it was also so difficult to predict the effect of the decision on the competition. Afterwards, in 2008, the General Concession Plan was developed and still later developed a plan in which fixed telephone services were universalized in 2011.

Felipe Montoro Jens is a planner, a treasurer of the finance divisions in Brazil. He has a degree from the Fundao Getlio Vargas and also holds a degree in international management which he got from Thunderbird. From 2010 to 2013, Felipe Montoro Jens served as the director of Bracken S.A. Felipe Montoro Jens is specialized in infrastructure. His arguments on the government partnership with NBESD were taken with seriousness.

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