Brasília Consensus

The Brasília Consensus refers to a set of policy ideas that emerged in the early 2000s, emphasizing responsible economic management, social inclusion, and sustainable development in Latin America. It advocates for sound fiscal policies, investment in education, and social programs to reduce inequality. Unlike the earlier Washington Consensus, it recognizes the importance of government intervention alongside free markets, aiming for balanced growth that benefits all citizens. Overall, it promotes combining market efficiency with social policies to promote sustainable progress across the region.