Lula’s approach to government encompasses good management, transparency and accountability – but within the context of state control.
Category: Economy & Policy
Defusing the Time Bomb
Lula has put the brakes on a social security system run wild. The benefits of pension reform are small, but they will at least head off a payments crisis.
An Agenda for Growth
Latin America needs an agenda for growth. The region’s economies have barely expanded in real terms over the last 20 years. Populations have grown by half during that time so […]
Introduction
The Latin Banking Guide & Directory 2003 is the most comprehensive reference source available on commercial banking in Latin America. The 11th edition of the Latin Banking Guide & Directory […]
All Lula’s Men
President Luiz Inácio Lula da Silva It took nearly twenty years of trying before Luiz Inácio Lula da Silva – or Lula as he is generally known – won election […]
Capping Pension Payments
Social Security expenses now exceed revenues by more than $24 billion. The Lula Administration must find a way to stop the excess spending in its federal budget.
Panic Over, For Now
Sovereign bond investors are relieved that the leftist admnistration of Luiz Inácio Lula da Silva promises to meet its financial obligations while pursuing its social objectives.
Brazil’s Defining Moment
When President-elect Luiz Inácio Lula da Silva takes office in January, he caniether srenghthen the institutions needed
for job growth and poverty reduction, or undermine them and face the effects of collapsing economic activity, higher inflation and imploding financial systems. Mohamed El-Erian believes Lula has the guts and the will to restore financial stability to Brazil.
MarketWatch
Irrational Policies, High Interest Rates Interest rates in many Latin American countries are very high, both in nominal and real terms. Rates in Argentina, of course, as it struggles to […]
