Tue 18/10/2005 15:12 Forum on the sus­tain­abil­ity of Brazil’s eco­nomic growth

Quick sum­mary of a day-long forum on the polit­i­cal, fis­cal and mon­e­tary poli­cies, choices and issues in sus­tain­ing eco­nomic growth in Brazil:

- Growth has been strong but has not matched ‘Asian Tigers’ levels;

- Despite social advances, much remains to be done to reduce inequal­i­ties and major reform is needed in the pen­sions sys­tem, which is skewed in favor of the riches classes;

- The numer­ous reg­u­la­tory agen­cies need to pro­fes­sion­al­ize, gain their inde­pen­dence and coör­di­nate their poli­cies better;

-  And the country’s indus­trial and ser­vice sec­tors find them­selves ham­pered in trade nego­ti­a­tions by Brazil’s great suc­cess and power in agribusiness.

How­ever, the out­look is pos­i­tive and in par­tic­u­lar, the econ­omy has hardly flinched in face of cur­rent polit­i­cal prob­lems, mainly because of the sound poli­cies in place.

(moblogged from 6680)