The domestic market: engine of the economy?

Autores

  • Alicia Bárcena
  • Solange Monteiro

Resumo

“Brazil has succeeded in showing that as the poor’s income increases the engine of the economy could be the domestic market,” Alicia Bárcena, executive secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), tells Solange Monteiro in an exclusive interview. She also explains how the region as a whole is prospering because its member countries have adopted authentically prudential economic policies, discusses how important a coherent industrial policy is, and analyzes what China means to the region. She also expresses concern that over- and undervaluation of currencies worldwide is producing a global imbalance, and says that countries in the region must seek an appropriate mix of industrial, monetary, and fiscal policies that will encourage both domestic and external demand.

Biografia do Autor

Solange Monteiro

Interviewer.

Downloads

Publicado

2010-05-23

Edição

Seção

Interview