Specialists debate measures to restart growth at webinar
Brazil is experiencing increased public spending, which was already very high before the coronavirus pandemic, and government debt is set to soon reach 100% of GDP. However, it will be necessary to maintain fiscal stimulus to aid the economy. This will be one of the main challenges for the government in 2021, as the pandemic led to a sharp rise in spending, in the form of emergency aid and transfers of resources to state and municipal governments. How can this situation be maintained without an even worse deterioration in the public finances? How can growth take place in a context of great uncertainties, as a second wave of infections sweeps Europe? These challenges will be discussed by Samuel Pessoa, an associate researcher at FGV IBRE, and Laura Carvalho, a professor at FEA-USP, at a webinar called “How to Generate a New Growth Cycle.” The event will take place on Thursday, November 26, from 10 am to 11 am. It will be held by Fundação Getulio Vargas’ Brazilian Institute of Economics (FGV IBRE) and the Folha de S. Paulo newspaper. It will be broadcast on FGV’s YouTube and LinkedIn channels, and on Folha de S. Paulo’s YouTube page. The moderator will be Fernando Canzian, a special reporter for Folha de S. Paulo.
These specialists believe it is necessary to take steps to ensure a sustainable economic recovery amid a high degree of uncertainty, especially abroad. One way forward will be to carry out essential reforms to start a new growth cycle that will allow millions of unemployed people to get a job, reduce lab market informality and inequality, and improve the fiscal situation in terms of both revenue and spending.
The online meeting is aimed at economists, researchers, journalists, market players, students and anyone else who is interested in the subject.
To attend the webinar for free, sign up here.