Organized by the Brazilian Development Bank (BNDES) in partnership with CEBRI and the Federation of Industries of the State of São Paulo (FIESP), the international seminar brought together industry experts to discuss the coordination between fiscal and monetary policy and how to make them compatible to boost a long-term investment strategy in Brazil, tailored to 21st-century demands.

Schedule:

March 20 (monday)

9h to 9h30 am Opening

• Geraldo Alckmin, Vice-President of Brazilian Republic and Minister of Development, Industry, Trade and Services
• Esther Dweck, Minister of Management and Innovation in Public Services
• Aloizio Mercadante, President at BNDES
• José Pio Borges, Chairman of the Board of Trustees at CEBRI
• Josué Gomes da Silva, President at FIESP

Panel 1: The International Experience (9h30 to 11h15 am)

The objective of the first panel is to discuss the need for public policy coordination in view of the new development challenges of the 21st century - in the context of the post-2008 crisis and the Covid-19 pandemic - and the responses being made by central banks and national treasuries internationally.

Opening: André Lara Resende, CEBRI

• Joseph Stiglitz, Columbia University;
• James Galbraith, Lyndon B. Johnson School of Public Affairs.
  

11h15 to 11h30 am Coffee Break

Panel 2: The Brazilian Challenges (11h30 am to 13h15 pm)

The objective of the second panel is to discuss an agenda that is guided by the need to provide society with access to public goods and services that are legitimately and democratically guaranteed to citizens and that is, at the same time, compatible with a long-term public investment strategy.

Opening: Élida Graziane, Professor at the Getulio Vargas Foundation (FGV)

• Nelson Barbosa, Director of Infrastructure Credit at BNDES
• Guilherme Mello, Secretary of Economic Policy at the Ministry of Finance of Brazil
• José Roberto Afonso, Professor at the Brazilian Institute of Education, Development and Research (IDP)

March 21 (tuesday)

Panel 3: The role of the State in Coordinating Long-Term Investment (9h to 11h am)

The objective of the third panel is to discuss the role of the State in the face of the challenges posed in the 21st century, with emphasis on the reduction of inequality and poverty, along with strategies to enable investments in the expansion of productive capacity, in infrastructure, and in the decarbonization of the economy.

Opening Remarks: Leonardo Burlamaqui, Senior Fellow at CEBRI and Professor of the Department of Economic Evolution at the State University of Rio de Janeiro (UERJ)

• Mariana Mazzucato, University College London
• Jeffrey Sachs, Professor at the Columbia University
• Jayati Ghosh, Professor at the University of Massachusetts Amherst
• Tereza Campello, Director at BNDES

11h to 11h10 am Coffee Break

11h40 to 12h30 pm Closing

• Fernando Haddad, Minister of Finance
• Aloizio Mercadante, President at BNDES