Wednesday, October 31, 2018

Brazil: Alternative path

It has been quite remarkable the way Brazil and its people is trying to overcome the deep crisis which it got involved in because of failure of their political leaders to avoid corruption.The trade off between state assistance pollcies to the poor,in exchange for a free ride with corruption did not work. The magnitude of the crisis was so strong, that any parameter of evaluation about political framework was distorted.What may be considered normal in a normal country, such as to fight violence on the street with tough measures, became a kind of an extreme approach out of proportion given the magnitude of violence in key cities of Brazil . The same apply to the role of the state.It is so often to consider its the role both necessary and irreplaceable , that very few realize that it is not normal to have a huge state, and any apporach to reduce its size,seem an extreme point of view,missing the point that what it counts about the state ,is its ability to be a reliable service provider, instead of protector of undesirable practices. Brazil has made its choice, and the expectation is about to be again in the right track , the one which should not had left.- The discussion about how much markets , and how less state , it is a matter for Brazilinas to solve with their neew leaders.No question that as long as it get closer to what create economic growth, wealth and better employment, will allow to become the engine latin america needs to pursue the transtion from being a raw material provider, to a good quality services supplier. The size of its market means opportunities for new business ventures, its expected economic policies will give a support to economic integration and the engagement in better trade deals .- There are bets about failure or success in this new stage for Brazil.Nobody may foresee the future using a crystal ball, but one thing is for sure Brazilians want to be again on the path of becoming a reliable partner , instead of being a permanent promise.-