CORRUPTION AND MONEY LAUNDERING IN BRAZIL: THE SIGNIFICANT IMPACT ON THE ECONOMY

Resumo

The aim of this work is to investigate the ramifications of corruption and money
laundering in the Brazilian economy, analyzing how these crimes impact economic
growth, resource distribution, investor confidence, and financial stability. Additionally,
efforts were made to identify effective strategies to combat and prevent these
practices, contributing to the strengthening of the Rule of Law and the advancement
of institutional transparency. To conduct this research, a qualitative approach was
employed for data collection and analysis. The choice of qualitative methodology is
appropriate as it allows for a in-depth understanding of complex social phenomena
such as corruption, money laundering, and their impact on the Brazilian economy.
While measures to combat and prevent corruption and money laundering have been
identified, the literature also highlighted the need for further research to assess the
effective impact of these policies and specific measures. Furthermore, it is essential to
delve deeper into the analysis of the regional and sectoral implications of corruption
and money laundering in the Brazilian economy. However, significant challenges
persist, including the effectiveness of law enforcement, resource capacity, institutional
independence, and impunity in some cases. The slowness of the judicial system and
the need to ensure the continuity and strengthening of these measures are also
pressing issues. Finally, corruption and money laundering have a profound and
detrimental impact on the Brazilian economy. Progress in the fight against these issues
requires a continued commitment to the effective enforcement of laws, institutional
transparency, and the strengthening of oversight institutions. Furthermore, promoting
a culture of integrity and ethics in all sectors of Brazilian society is necessary. Only in
this way can the country move towards a fairer, more transparent, and prosperous
future.