Webinar discusses policies for economic recovery after record drop in Brazilian GDP
On September 3, Fundação Getulio Vargas’ Sao Paulo School of Economics (FGV EESP) will hold a webinar called “Consistent Economic Policies and Economic Recovery.” The event will bring together specialists from the school and other institutions to debate the limits and conditions of monetary and fiscal policies for economic recovery following the pandemic. The webinar will be broadcast on FGV’s YouTube channel, starting at 7 pm.
The event will analyze the record 9.7% drop in Brazil’s second-quarter GDP and discuss the objective conditions for renewed growth in the second half of this year and in 2021. The speakers will be Ana Paula Vescovi (chief economist of Banco Santander), Christopher Garman (managing director of Americas Eurasia Group) and Beny Parnes (partner responsible for credit at SPX). The moderator will be Professor Marcelo Kfoury Muinhos (FGV EESP).
These specialists will debate why economic policy has a crucial role to play in avoiding permanent damage, such as corporate bankruptcies and job losses, as well as limitations in fiscal and monetary policy. The guests will also talk about the temptation to break through the federal government’s spending ceiling (Brazil’s main fiscal anchor) and the consequences this would have for the country’s present expansionary monetary policy, the dilemma of whether to have prudent spending growth or renewed public investment, key political choices for economic recovery and their consequences for the market, the president’s image and the economy minister’s image.
For more information and to sign up, click here.