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Without social security reform, the constitutional spending ceiling could be disastrous

The Brazilian Economy

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Title Without social security reform, the constitutional spending ceiling could be disastrous
 
Creator Araujo, Aloisio
Monteiro, Solange
 
Description When it comes to containing public debt and placing the country on a sustainable growth path, Professor Aloisio Araujo, the only Brazilian economist elected to the U.S. National Academy of Science, has a clear idea of the role the government should play in the economy. He agrees with President Michel Temer’s strategy of making privatization a priority and setting a ceiling for public expenditure— as long as it is accompanied by social security reform - but argues for retaining constitutional mandates on spending for health and education. He believes that making education spending more efficient should not be done through budget cuts: “We have to rebalance government finances and ensure funding for health, education, science and technology, through two fronts: social security reform and reducing the role of government as operator of state-owned companies, which are vulnerable to political manipulation.”
 
Publisher The Brazilian Economy
The Brazilian Economy
 
Contributor
 
Date 2016-08-11
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://bibliotecadigital.fgv.br/ojs/index.php/be/article/view/64117
 
Source The Brazilian Economy; v. 8, n. 8 (2016); 30-34
The Brazilian Economy; v. 8, n. 8 (2016); 30-34
 
Language por
 
Relation http://bibliotecadigital.fgv.br/ojs/index.php/be/article/view/64117/65323
 
Rights Direitos autorais 2017 The Brazilian Economy