The threat of a growing inequality

Autores

  • Marcelo Neri
  • Solange Monteiro

Resumo

In 2015 Brazil recorded its first decline in both economic growth and social welfare since 1992, breaking the trend that had kept social welfare rising faster than GDP for more than a decade. According to Marcelo Neri, an active participant in evolution of that trend, the recession threatens the country with growing inequality, and Brazil will not be able to break out of this trap if in making the necessary fiscal adjustment it chooses to cut the program that most efficiently reduces poverty. Neri, former Minister of Strategic Affairs, criticizes the decision to make no nominal adjustment to the Family Grant (Bolsa Família) in order to increase the minimum wage by 11.5%. He emphasizes that Brazil must reintroduce economic and social rationality and move forward in difficult fiscal policy decisions, such as social security reform.

Biografia do Autor

Solange Monteiro

Entrevistador

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Publicado

2016-06-30

Edição

Seção

Interview