RIO DE JANEIRO, BRAZIL - Going back to normal is not enough. An immobilized, inefficient state caught up in pressure groups will be unable to provide answers to the long-term damages of the Covid-19 pandemic to public accounts, the labor market, and the productive sectors. The way out is not to increase spending, but instead to ensure that resources are well spent, and that revenue collection does not overburden the most impoverished.
These are the core arguments of a proposed "post-Pandemic agenda," the first part of which was published yesterday by economists Marcos Lisboa, Marcos Mendes, Laura Muller . . .