{"id":23757,"date":"2020-07-15T19:03:54","date_gmt":"2020-07-15T19:03:54","guid":{"rendered":"https:\/\/cebds.org\/noticia\/em-debate-com-ceos-fraga-e-malan-defendem-maior-eficiencia-do-estado\/"},"modified":"2023-06-23T15:22:46","modified_gmt":"2023-06-23T15:22:46","slug":"em-debate-com-ceos-fraga-e-malan-defendem-maior-eficiencia-do-estado","status":"publish","type":"noticia","link":"https:\/\/cebds.org\/en\/noticia\/em-debate-com-ceos-fraga-e-malan-defendem-maior-eficiencia-do-estado\/","title":{"rendered":"In debate with CEOs, Fraga and Malan defend greater State efficiency"},"content":{"rendered":"<h5><em>Economists Arm\u00ednio Fraga and Pedro Malan highlighted, in a webinar by the CEBDS Leaders Council this Wednesday, the importance of increasing the efficiency of public management in order to increase investments in education and basic sanitation<\/em><\/h5>\n<p>One day after the release of the letter signed by 17 former Finance Ministers and former Central Bank presidents with guidelines for a low-carbon economy, economists Arm\u00ednio Fraga and Pedro Malan met with CEOs of the Board of Leaders of the Brazilian Business Council for Sustainable Development (CEBDS) and reinforced the message that it is necessary to understand the nature of the challenges that humanity faces today in order to seek a post-pandemic economic recovery that is positive for people and the planet. And they advocated for the State to be more efficient in managing public resources as one of the ways to restore the capacity to invest in education and basic sanitation.<\/p>\n<p>\u201cHow we will get to 2050 will depend a lot on how we address the challenges of education, for example,\u201d said Malan, this Wednesday (15). \u201cThe challenges come in layers, but we need to prioritize. The issue of education, without a doubt, is one of the most urgent,\u201d commented Marina Grossi, president of CEBDS, who mediated the debate. For Fraga, the health crisis triggered by Covid-19 has exposed the enormous lack of basic infrastructure in Brazil, opening a window of opportunities for both public and private investments. \u201cInfrastructure must be the locomotive of the country\u2019s development for a very obvious reason. The demand is enormous,\u201d observed the man who presided over the Central Bank from 1999 to 2003.<\/p>\n<p>In order to restore the state\u2019s investment capacity, according to Fraga, it is essential to improve the efficiency of the state. \u201cApproximately 80% of public spending in Brazil is directed to payroll and social security. There is room for improvement,\u201d he stated. For Malan, who was president of the Central Bank between 1993 and 1994 and Minister of Finance between 1995 and 2003, the government leaves much to be desired in terms of both spending and taxation. \u201cThe level of government spending is very high and its composition leaves much to be desired. The fact is that we spend a lot and poorly, whether in level, composition or effectiveness. And the same goes for taxation, which is also high,\u201d he commented. In this context, economists advocate prioritizing an agenda of fiscal, tax and state reforms.<\/p>\n<p>Another point highlighted by Fraga is related to the granting of subsidies, considered high by the former president of the Central Bank. \u201cThere are a lot of subsidies and the income tax structure is regressive, where it is possible to save about three points of GDP without adopting American income tax rates, for example,\u201d he suggested.<\/p>\n<p>On the other hand, Fraga also acknowledged positive points in the national context. \u201cThe institutions are responding, despite some difficulties. We have a free press and more engaged young people. The reform agenda is still alive and this is positive because Congress has been working well,\u201d he commented.<\/p>\n<p>The fight against illegal deforestation in the Amazon and the creation of a carbon market in Brazil were points discussed by the economists. \u201cWe have to think about the enormous opportunities we have to rationally explore the wealth of the Amazon, conserving biodiversity,\u201d said Malan. \u201cThe challenge of human development in the Amazon is equally enormous. There are 25 million people living there,\u201d added Fraga.<\/p>\n<p>For him, the creation of a carbon market in Brazil should be part of a larger strategy. \u201cThere is already a maturity for implementing a carbon market in Brazil. I don\u2019t know why we don\u2019t move forward with this agenda. It is part of a green Brazil, it is the face of Brazil\u201d, argued Fraga. \u201cIf we organize our internal discourse, Brazil could play an extremely important role in multilateral discussions on climate change. We have everything we need to do this. And it is a shame that we are currently wasting this opportunity\u201d, lamented the former Finance Minister.<\/p>\n<p>Among the leaders participating in the meeting were Andr\u00e9 Clark, CEO of Siemens Energy Brazil; Solange Ribeiro, deputy president of Neoenergia; Maur\u00edcio Adade, CEO of DSM; Marcos Bicudo, CEO of Vedacit; and Paulo Santos, CEO of ERM. The Council of Leaders webinar was broadcast live and is available on the CEBDS YouTube channel: <a href=\"https:\/\/www.youtube.com\/user\/CEBDSBR\">https:\/\/www.youtube.com\/user\/CEBDSBR<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Economistas Arm\u00ednio Fraga e Pedro Malan destacaram, em webinar do Conselho de L\u00edderes do CEBDS nesta quarta-feira, a import\u00e2ncia de aumentar a efici\u00eancia da gest\u00e3o p\u00fablica a fim de ampliar investimentos em educa\u00e7\u00e3o e saneamento b\u00e1sico Um dia ap\u00f3s a divulga\u00e7\u00e3o da carta assinada por 17 ex-ministros da Fazenda e ex-presidentes do Banco Central com [&hellip;]<\/p>\n","protected":false},"featured_media":24989,"template":"","meta":{"_acf_changed":false},"categories":[9],"class_list":["post-23757","noticia","type-noticia","status-publish","has-post-thumbnail","hentry","category-clima"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Em debate com CEOs, Fraga e Malan defendem maior efici\u00eancia do Estado - 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