Columbia University, New York – March 2019.
In an exclusive interview with Brazil Talk, the Brazilian economist André Lara Resende shares his vision on:
– Fiscal Policy
– Beyond GDP
Ph.D. in Economics from the Massachusetts Institute of Technology, André Lara Resende was the Director of the Central Bank of Brazil, one of the members of the economic team that prepared the Plano Real, and former President of the National Bank for Economic and Social Development (BNDES).
By Nathaniel Archer Lawrence
[5 min read]
When I tell Brazilians I teach financial education, nearly without fail their first response is, “Oh, I need that.”
Brazil finds itself almost a decade into an existential economic crisis[1]. The “social-democratic” darling of BRIC countries in 2010, Brazil has spent the better part of this decade suffering. From the deepest recession in a century to unending political corruption scandals, Brazilians were unprepared for such a financial challenge. This is exactly what financial education strives to correct – at least, on paper – and what Brazil needs. (more…)
By Cassia Moraes
[8 min read]
Imagine a world where different political clans fight for increasing their power while ignoring a threat never seen before – and which can annihilate their societies without much consideration for man-made boundaries. The narrative above could be an introduction for the eighth and final season of Game of Thrones, to be released soon, in which the fate of Westeros will be sealed as the army of the dead finally make its way through “The Wall”. It could also be an accurate description of the current state of world politics, where names such as Donald Trump and Jair Bolsonaro wage a war against multilateralism at the moment which we needed it the most. Political distractions as billionaire walls and celebration of past dictatorships occupy their agenda while the real – and potentially irreversible – threats posed by climate change are already in our backyards.
While in HBO’s show the Great Houses fail in addressing the major danger Westeros has ever faced, in real life the scenario is not much different. Those who have historically been the main contributors to climate change do not take the proper actions to offset their actions. In turn, emerging countries like Brazil and China, today’s major emitter of greenhouse gas, use the poor response from developed countries as an excuse to postpone their own actions. Although the principle of common but differentiated responsibilities reinforces emerging countries’ position, they will also be losers if we fail to tackle climate change as a global community. Perhaps the metaphor of white walkers makes it easier to understand why the prisoner’s dilemma strategy of maximizing individual benefits is an illusion. If Westeros lose the war against the white walkers there will be no throne for Cersei or anyone to sit in.
By Fernando Haddad, Isadora Amaral, Paulo Speroni, and Tiago Ciarallo, Editors and Writers of Brazil Talk
[6 min read]
On October 7th, the 2018 General Elections took place in Brazil and 117 million voters elected their legislative and executive representatives at the state and national levels. This descriptive analysis developed by the Brazil Talk team seeks to show who are the legislators and the parties that will govern the country with the future president, who will be elected in the second round on October 28th.
The electoral results for Congress mark the highest renovation since 1990 due to low levels of reelection as well as an increase in the number of parties represented in both the Senate and the House of Representatives. Although renewed in its composition, the new Congress will have a more conservative profile due to the rise of military, religious, ruralists and other segments identified with a conservative agenda and that can influence the legislative process. Despite the fact that results suggest some similar trends in both institutions, the elections had distinct impacts on the composition of the Senate and the House of Representatives. (more…)
