Brazil: coping with macro volatility amidst environmental and social challenges

Date of the event: 03/21/2025 - 10:00

BRAZIL: COPING WITH MACRO VOLATILITY AMIDST ENVIRONMENTAL AND SOCIAL CHALLENGES

March 21, 2025

Organizer: The Miami Herbert Business School
Venue: University of Miami, Storer Auditorium


11:00-11:50 pm— Reception (By Invitation Only)

Location: Finker-Frenkel Lounge


12:00-12:20 pm— Welcome Remarks

  • Dean Paul Pavlou (Miami Herbert Business School)
  • Dr. Allan Herbert (Miami Herbert Business School)

12:20-1:00 — Keynote Address

  • Tatiana Schor (Inter-American Development Bank)
    “Bioeconomies and Sustainable Development in the Amazon Region”

1:05-1:45— Keynote Address

  • José Scheinkman (Columbia University)
    “Climate Change: Costs and Benefits of Reforestation in the Amazon”

1:45-2:00 — Coffee Break


2:00-2:40— Keynote Address

  • Aloisio Araujo (FGV and IMPA)
    “Inflation Targeting, Fiscal Fragility, and Exchange Rate Instability”

2:40-4:05 — Panel 1: Economic Growth and Financial Volatility

Moderator: Paulo Leme (XP Securities and University of Miami)

This panel will examine key macroeconomic challenges, focusing on fiscal and monetary policies, and exchange rates. Panelists will analyze structural issues in the Brazilian economy, including public debt dynamics, the complexity of the tax system, low savings and investment ratios, infrastructure deficits, and limited global trade integration. The discussion will offer a comprehensive assessment of these factors and the policies needed to enhance financial stability, boost economic growth, and promote development

Panelists:

  1. Marcos V. Chiliatto Leite  (World Bank)
  2. Caio Megale (XP Securities)
  3. Alberto Ramos (Goldman Sachs)
  4. Carlos Viana de Carvalho (Kapitalo Investimentos and PUC-Rio)

4:05-4:20 — Coffee Break


4 :20-5:00 — Keynote Address

  • Roberto Campos Neto (President, Central Bank of Brazil)
    "Financial Transformation in a World of Digital Currencies"

5 :00-5:40 — Keynote Address

  • Leonardo Bursztyn (University of Chicago)
    "The Social Media Trap"

5 :40-5:50 — Coffee Break


5:50-7:15 — Panel 2: Social Policies and Institutions

Moderator: Bruno Ferman (FGV)

This panel will explore policies aimed at reducing income inequality, expanding access to education and healthcare, and strengthening institutions to support economic growth. Panelists will evaluate the effectiveness of these policies and examine their long-term impacts, providing a comprehensive analysis of their potential to enhance social equity, improve labor market efficiency, drive industry development, and facilitate international trade.

Panelists:

  1. Claudio Ferraz (Vancouver School of Economics and PUC-Rio)
  2. Sérgio Firpo (National Secretary for Monitoring and Evaluation of Public Policies at Brazilian Ministry of Planning and Budget)
  3. Naércio Menezes Filho (Insper and USP)