The recent referendum in Britain, which saw the country take a significant step towards redefining its economic, social and political ties with the European Union has drawn sharp criticism and praise from different quarters. While many critics have taken a dim or positive view of its projected aftermath, Brazilian mechanical engineer and entrepreneur Flávio Maluf believes that it will present a mixed bag of opportunities for Britain and other economies. He believes that the political, social and economic sovereignty that comes with exiting the EU will enable Britain negotiate better bilateral trade agreements with economies of their choice without the control of a supranational entity like the EU.
These benefits can be enjoyed by other economies such as Brazil but the market base that may come with such deals will be significantly be smaller. However, Flávio Maluf believes the referendum set the UK on an isolationist path that will make many investors shy away from the country due to protectionism immigration and economic policies. Consequently, with economic turmoil in different economies the EU will become a leading economic bloc due to its relative stability.
Flávio Maluf is an experienced entrepreneur who has used his academic qualification and skills to manage his company, Eucatex Group, successfully for over six decades. When he founded the company in 1951, it specialized in the civil construction industry, which suited Mr. Maluf’s specialty as a mechanical engineer. Over the years, he has spearheaded an expansion strategy at the company, which has seen it expand its operations to other industries. Currently, the company has furniture-making entity that sources its raw materials from its own forests in São Paulo, Brazil.
Insight on Mergers and Acquisitions and Technology
Flávio Maluf’s experience as an entrepreneur and a professional gives him a strong hindsight on various market operations and trends. He believes that the Pfizer and Allergan, Newell Rubbermaid and Jarden Corporation and DuPont and Dow Chemical mergers will increase profit margins for the corporations. He believes that the adoption of technology within the learning environment will revolutionized the learning experience. The ease of access to information will radicalized the traditional ways of learning and inject fun into learning.