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Webinar The role of the State in the Economy

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Published on Streamed live on Oct 22, 2020

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The coronavirus pandemic that has brought economic activity to a halt worldwide has led governments to inject substantial resources into programs to support businesses and preserve income for the most vulnerable populations. In Brazil, emergency aid has supported millions of people who were working informally. Although necessary, the fiscal cost of these programs is high, putting even more pressure on Brazil's already weakened public finances. With the aid set to end at the end of this year, the government is looking for alternatives to finance a new assistance program, initially called Renda Cidadã, but there is a major impasse over how this will happen without breaking the spending cap. With municipal elections coming up, and an eye on the 2022 presidential election, there is strong pressure to increase spending, with no prospect of increasing revenue in the short term. It is against this backdrop that the Brazilian Institute of Economics (IBRE), of the Getulio Vargas Foundation, and the newspaper Folha de S. Paulo, invite you to the Webinar “The Role of the State in the Economy” Speakers: Nelson Barbosa Associate Researcher at FGV IBRE and former Minister of Finance Samuel Pessoa Associate Researcher at FGV IBRE Moderator: Fernando Canzian Special Reporter for Folha ----- This was an event promoted by FGV IBRE, on 10/22/2020. ????Disclosure: The statements expressed by members of the staff of the Getulio Vargas Foundation and by guests who participate in the events and online broadcasts represent, exclusively, the opinions of their authors and do not necessarily represent the institutional position of FGV. ⏩ Check out the full FGV Webinars schedule: https://portal.fgv.br/eventos ⏩ Watch previous events by accessing our Playlist: https://bit.ly/webinarsFGV

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