Notes for the Bildner Center Lecture Notes for the Bildner Center Lecture NY, 12.5.01 I would like to thank Mr. Alfred Bildner and professor Mauricio Font for inviting me to speak before this distinguished audience. My thanks also to professors Ken Ericsson and Leona Forman here with us.
Brazil is in good shape.
The recent adjustments of the economy have been successful. We came out handsomely of the Russian and Asian crisis and of the ensuing 1999 devaluation of the real. Inflation has remained under control. Low inflation and a high rate of growth is a positive combination that had not materialized in Brazil since the debt crisis of the 80 s. We will have this year the biggest grain harvest in History.