Brazil and LatAm Don’t Lack Democracy but Government Quality, Says Global Forum

The continuation of economic growth in Latin America, the challenges that must be met, and the insertion of the continent in the global economy constitute the backbone of the World Economic Forum’s round of discussions in Latin America, entitled "Building a Stronger Region in the Global Economy."

The event began on Wednesday, April 5, and ended Thursday. April 6, in São Paulo. 280 entrepreneurs and political and economic authorities from 27 countries participated.

In their introduction to the forum, the organizers pointed out that "Latin American economic growth attained an average of 5.6% in 2004, the best performance since 1980."

They also noted "an improved economic environment characteristic of the majority of the countries in the region," and they expressed their hope that this tendency will persist in 2006.

Addressing the plenary session of the round, the secretary-general of the Organization of American States, José Miguel Insulza, said that "thirteen presidential elections in one year could naturally produce a climate marked, to some extent, by political uncertainly," but, in his view, the issue on the continent is no longer democratic stability but, rather, governmental quality.

According to the organizers of the forum, on the website created for the event, the great majority (71%) of the participants in this round were executives and entrepreneurs, but there were also 16 government authorities and government economic officials.

The Brazilian delegation included the minister of Development, Industry, and Foreign Trade, Luiz Fernando Furlan, and the president of the Central Bank, Henrique Meirelles. 29 representatives of civil society entities also attended.

The event was organized around four main pillars: global and regional risks, competitiveness, the agenda of integration, and the structure of investments.

There were also 21 discussion panels, which, besides mostly economic themes, touched on related matters, such as combating inequalities, social inclusion policies, gender policies, democratic stability, and the environment.

Agência Brasil

Tags:

You May Also Like

Brazil’s Varig Gets to Fly to Paris Again

Brazilian Varig Airline, the bankrupt company which has become a subsidiary of Gol after ...

2014 Brazilian Grains Harvest Reaches 195 Million Tons, a Record

The Brazilian production of grains in 2013/2014 has reached 195.46 million tons, according to ...

Some Light Camera Action at Cinema Brazil

A fresh breeze is blowing through the Brazilian cinema sector. Although films have been ...

Back in Fashion

Portuguese Adelino Moreira was good in broken-heart and love-gone-bad songs, the so-called música de ...

Brazil Takes to Middle East Know-How to Extract Oil from Rock

Brazil's state-controlled oil multinational Petrobras is looking at opportunities in the schist sector in ...

Ireland’s JetBird Increases to 53 Number of Brazilian Embraer Jets Ordered

Dublin-based air taxi operator JetBird confirmed three options for the Phenom 100 jet manufactured ...

Australian Firm Sure It Will Strike Gold in Brazil

Tiger Resources Limited, an Australian exploration company based in Perth, continues to invest in ...

Brazil’s Goal: Getting from Wind 10% of All Its Energy in a Decade

Nowadays, nearly 70% of the energy generated in Brazil comes from large hydroelectric plants. ...

US Can Work with Brazil’s Populism, Says Rice

United States Secretary of State Condoleezza Rice promised before the US Congress to resist ...

The Red Bishop Goes to Heaven

Hélder Câmara’s Thoughts By Francesco Neves "Are you going to heaven?", a reporter asked ...