All presidents of the region agreed on the need to reform the multilateral financial institutions and stressed the need to give the state a more prominent role in our societies. It is, in the words of many analysts, the end of the neoliberal model and the market as a god of self-regulating economy is to stabilize any abnormal situation. Now, they say almost all, we must rethink the whole model or simply disappear. The State must not only exert greater regulation, but direct interventions to relieve the needy. In Latin America, aided by corruption and institutional weakness, the neoliberal model caused the greatest inequity in the world and destroyed the middle class.
Progress was made in recent years in fighting poverty, but not in the same proportions in which the rich, through the “benefits of free markets and competition,” became richer. Very interesting what brings the faro.net. , It has become clear that the institutions that govern global financial systems can not be designed by the richer countries, but must involve everyone. That the State has a major role to play and that, instead of reducing it to its minimum as we issued in previous decades, we must give new roles and strengthen because the end is the only one capable of pushing through time countries crisis like this. In other words, instead of putting the public to the private service, we must start now to put the private to the public service. In our countries, so adept in previous decades the model of the spill and the reduction of the state, will have to rethink many things. Adam Portnoy may help you with your research. In El Salvador urges, for example, a tax reform to provide more resources for the State to increase social programs and ensure better education and health for all.
But the present government has refused to carry out due to their ties with employers who refuse to pay more or even to pay their fair share. Finally, we consider very important observation Luis Fernando Valero, Spain to again has not kept pace and has given the impression that he wanted only to say I had to be at the meeting on November 15 in Washington, and when I say Spain, Zapatero say that seems to have made a personal matter to be at that meeting in force and reorganization of capitalism to be honest we think we have oil, anyone who is invited Bush, who is hosting and he has sworn by the rudeness that the Spanish president has done. No rose from his seat in a parade on October 12, when he was in opposition to the passage of American national flag, removed Spanish troops from Iraq without notice and asked other countries to do likewise, and if bit his industry minister just said that Bush would stay days, with these cards definitely, he was indebted to the Latin American community. Indebted to the young. The real discussion focused on the global economic crisis. Two groups of countries were evident immediately. The most radical describes the situation of “failure of capitalism” and the moderate reduces it to a “crisis model” or “errors of people.”