FINANCIAL CRISIS LEADS TO REFLECT THE KIND OF STATE IS NEEDED IN LATIN AMERICA In closing XXI Regional Seminar on Fiscal Policy discussed the need for the region to build your own route Navigation to development and equity. (Press)
(January 29, 2009) is the time to reflect on Latin America and the Caribbean, amid the global economic crisis, how to build a "breadcrumb" itself to the development and equity, without prejudice the great global interdependence.
This design "should consider the type XXI century state that the region needs," said Alicia Barcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), at the close of
XXI Regional Seminar on Fiscal Policy at the headquarters of the UN Regional Commission in Santiago, Chile. The meeting
shared experiences and visions on how to improve public finance management, which measures around in times of economic crisis, the relationship between fiscal policy and greater social equity, threats and opportunities climate change.
attended by over 80 exhibitors from tax authorities of Ministries of Economy, Finance and Planning and Central Banks of Latin America and Spain.
Bárcena said that the economic experiences experienced by the region in past decades will demonstrate with a different perspective what is happening today. "The crisis came from abroad, not just subprime, but a market-centric model. Now we must consider whether the state's role is cyclical or permanent, whether to open up new areas of public policy in this context to see what skills that the region lost, "he said.
asserted that the next version of the seminar, to be held in 2010, ECLAC will present his new thinking on public policy areas and the state you want for Latin America and the Caribbean in the XXI century.
For some, the state would take actions that do not belong according to the the 90 model, but its responsibilities under the new view of development that we can build together. That's what ECLAC is called to do, " Bárcena said.
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