For the President of the Central Bank, Gabriel GalípoloBrazil has a deficiency in productivity gains in the country’s economy, which tends to put pressure on price increases and, consequently, the effects of monetary policy.
“The economy has been growing, we have a historic maximum income and unemployment at a minimum. But we see that we have this challenge of understanding how Brazil can grow with global value chains supported by productivity”, said Galípolo.
One of the ways cited, according to him, is through the greater presence of Artificial intelligence in production chains. “In relation to this, there is a future expectation that these tools will help to gain productivity – which will put less pressure on inflation, even though Brazil is no less “linked” to this segment”, he explained.
The BC president participated in the event dubbed “Gilmarpalooza” remotely, this Tuesday (3) and was one of the guests on the panel “The directions of the Brazilian economy: international reflections”.
Held annually in Portugal, the Lisbon Forum is organized by the dean minister of STF, Gilmar Mendesand brings together authorities, jurists, politicians and academics, mainly from Brazil and Europe, to debate topics related to law, economics, democracy and public policies. This year, the event takes place between the 1st and 3rd of June.
