Brazil Salutes LatAm’s Post Neoliberalism New Presidents

Brazil’s presidential special aide for International Affairs, Marco Aurélio Garcia, speaking at a 6th World Social Forum conference, in Caracas, Venezuela, declared that there is a new generation of presidents in Latin America who are "post neoliberalism."

According to Garcia, the new presidents will not only have to promote economic growth with equitable income distribution and strengthen democratic institutions, they will also have to avoid the errors of the past, such as allowing inflation or foreign debt to propel growth. "There has to be sound macroeconomic growth," he said.

"These are positions that conservatives embrace and in the past they have often used them against us. We must make them our own. We have to demonstrate that we can manage macroeconomics better than the neoliberal right can," said Garcia.

"Latin American is entering a period of profound democracy… after the instability brought on by the neoliberal model… Now the region can move toward integration," he declared.

Garcia added that another important step was to reduce external vulnerability. He pointed to the examples of Brazil and Argentina which had both recently anticipated paying off their debts to the International Monetary Fund.

Agência Brasil

Tags:

You May Also Like

25 per 100,000: Brazil’s Per-Capita Homicide Rate Is Three Times the World Average

Earlier this year, in September, the United Nations released a report on Brazilian arbitrary, ...

August Food Prices Jump 0.76% in Brazil

Brazil’s Consumer Price Index (INPC) rose 0.5% in August, compared to 0.73% in July, reports ...

Brazilian singing legend Gal Costa

Manhattan Gets a Chance to Hear Gal, a Brazilian Legend

One of the most memorable concerts I recall attending in Brazil was Gal Costa’s ...

Brazil Wants US Help Against Money-Laundering

One of the purposes of a meeting held February 16, in BrasÀ­lia, by Federal ...

Dengue May Have Already Killed Over 50 People in Bahia, Brazil

Dengue, the mosquito transmitted disease, which has caused havoc in the heartland of South ...

Brazilian hospital São Mateus, in Bahia

Brazil Court Takes Anorexic Girl from Parents to Force Feed Her in Hospital

A 15-year-old Brazilian aspiring model with an anorexia eating disorder has been forced by ...

Polls Show Brazil President Winning Reelection in First Round

Dilma Rousseff, the president of Brazil, leads comfortably vote intention according to two public ...

US Unemployment Boosts Brazilian Stocks

Brazilian equities jumped, aided by gains in Brazil’s real against the U.S. dollar, amid ...

Brazilian Missing and Presumed Kidnapped in Iraq

In an official note released yesterday January 20, the Brazilian construction firm, Norberto Odebrecht, ...

Brazil Expecting 5% Inflation for 2005

The director of economic policy in the Brazilian Central Bank (BC), Afonso Bevilacqua, reaffirmed ...