IBRE examines the role of the state in Latin America's economy
Regis Bonelli, senior researcher at IBRE presented in Beijing the article The Changing Role of the State and Latin America's Recent Economic and Institutional Record: A Note from the Brazilian Perspective, which examines some key issues associated with the role of the state in Latin America, taking as examples the experiences of a number of countries in the region. The paper analyzes recent changes from the increased state presence in the economy, comparing the experience of two groups of countries and trying to identify which one of them Brazil has more in common. On one side, Argentina, Bolivia, Ecuador and Venezuela. On the other, Chile, Colombia, Mexico and Peru. Among the evaluated aspects the following are highlighted: macroeconomic results, such as the recent GDP growth and medium term prospects; the evolution of the quality of institutions measured by two governance indicators; and the role of other institutional quality indicators, such as those related to government effectiveness and economic performance. Click here to download the article.