Word: fundaã
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Dates: during 2007-2007
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...real, high taxation, weak infrastructure and especially pension reform. Incredibly, Brazilian pensioners receive more money as a share of GDP than the rest of the population of 188 million, sucking investment from badly neglected areas like education. Says Renato Fragelli, director of the Graduate School of Economics at the Funda??ão Getulio Vargas think tank in Rio de Janeiro: "The time to fix a roof is when the sun shines--but when the sun shines, Brazilians go to the beach...
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