IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL5.19▼ 0.16% USD/MXN17.02▼ 0.10% USD/CLP930.58— 0.00% USD/COP3,202▲ 0.05% USD/PEN3.37▲ 0.42% USD/ARS1,512▼ 0.03% USD/UYU40.27— 0.00% USD/PYG5,900— 0.00% USD/BOB11.78— 0.00% USD/DOP58.61— 0.00% USD/CRC446.65— 0.00% USD/GTQ7.62▲ 2.20% USD/HNL26.84— 0.00% USD/NIO36.62— 0.00% USD/VES793.00▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72— 0.00% EUR/BRL6.01▼ 0.31% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Sweet Skills

By · January 17, 2012 · 3 min read

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Editorial

RIO DE JANEIRO, BRAZIL – It is all about the skills, and those familiar with the 2004 cult classic film Napoleon Dynamite know how important it is to have sweet skill. Now, if Brazil follows through with its fast-track work visa process for highly-skilled foreign professionals, the talent show is going to be more crucial then ever for those looking to put their toes into Rio’s waters.

Stone Korshak, Editor and Publisher of The Rio Times.
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It makes sense of course, and in the global economy (before that sounded like a bad thing), the ability to work abroad and advance a professional career while learning and leveraging cultural relationships is an adventurer’s dream.

For developing economies though it requires some caution, as they need to protect their assets. However when the developing economy starts to limit itself, because the growth is so big and fast, then some selective concessions starts to happen.

My understanding is that Brazil made immigration relatively difficult in reciprocation to the restrictive U.S. and some European immigration policies. The Brazilian pride and strength of culture is one of the first things that attracted me here, who can blame them for that?

When it comes to issuing work visas, Brazil needed to save the jobs for Brazilians, in a struggling economy with high unemployment – you can’t give good jobs away to gringos when a Brazilian needs it. Of course now unemployment is at an all time low here, and Brazilians are being courted abroad to spend all thier new money.

It has also been talked about that the growth plans Brazil has, in the PAC and especially in the oil business (Petrobras), the most glaring challenge is the lack of skilled workers to deliver. In the oil industry it is not possible to spend R$224.7 billion in five years (apparently) – because there is not enough people to do the work.

This challenge of eduction in Brazil is something I’ve heard on a micro level as well, when dealing with unskilled or mid-level skilled workers (the ones earning R$622 per month minimum salary in 2012), are apparently not ideal employees. This does not surprise me, and it is a cultural environment.

If you have been under-educated, under-paid, and have no opportunity for advancement to a better life, who is going to bust a sweat to do good work? Why would you? The only thing you can do is stick it to the man with ineptitude.

But that is the culture of the past, and Brazil will certainly continue making great strides to develop their middle class, to educate people out of poverty, and fine-tune their capitalism to reward hard work. But it takes time of course, there is a whole generation of exploiters and exploities that need to learn a new play-book.

In the meantime, if you want to be in Brazil, time to bust out some sweet skills… and learn Portuguese.

In the 2004 film Napoleon Dynamite, sweet skills made dreams come true.
In the 2004 film Napoleon Dynamite, sweet skills made dreams come true.

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