Webinar debates role of state in the economy
The coronavirus pandemic has exposed the magnitude of inequality in Brazil and forced the government to change its agenda, recognize the importance of social programs for the most vulnerable people and consider extending its emergency policies. However, the monthly cost of handouts such as the Family Grant Program and Emergency Aid will be unsustainable in the long term, especially given the country’s high government debt. This month’s webinar organized by Fundação Getulio Vargas’ Brazilian Institute of Economics (FGV IBRE) and Folha de S. Paulo will look at The Role of the State in the Economy. This free meeting will take place on October 22, from 10 am to 11:30 am, on FGV’s YouTube and LinkedIn pages, and on Folha de S. Paulo’s YouTube channel.
The event will feature two of FGV IBRE’s associate researchers, Nelson Barbosa and Samuel Pessôa. The moderator will be Fernando Canzian, a special reporter at Folha de S. Paulo.
The public health crisis has caused economic activity to collapse across the world, forcing governments to inject resources to preserve income, companies and jobs. Brazil’s delicate public finances, which already needed reforms, have exacerbated the country’s situation. There are also concerns about what will happen to the economic recovery when emergency aid comes to an end. As a result, the government is considering alternatives such as a “Citizens’ Income Program,” but its approval may be hindered by the electoral calendar and public spending ceiling.
To participate in the webinar free of charge, sign up here.