February 6th (at Columbia University) & February 7th (at The New School)

In Brazil, politicians and bureaucrats often use their control rights over state-owned companies and other public agencies to extract rents for both political and personal reasons. Similarly, a group of connected businessmen have learned to wage their political contacts as the main drive of their enterprises. Indeed, Brazilian democratic governance has been performed through a "coalitional presidentialism" in which the head of government navigates a multiparty environment by sharing power and rents with key legislators and power brokers. Over the last fifteen years, this system has become more "expensive" because of further party fragmentation and the lack of administrative and political reforms. In March 2014, a great deal of these arrangements started to be uncovered by the still ongoing anticorruption investigation dubbed Operação Lava Jato (Carwash Operation), as Petrobras was found as the centerpiece of a multi-billion kickback and bribery scheme developed to fund political parties and electoral campaigns. Since then, the unfolding inquiry has undermined Brazil's political and business establishment, producing shockwaves across the nation.

This event aims to bring together leading practitioners, scholars and high-profile public officers to discuss the effects of Carwash Operation in Brazil's current and future institutional framework. What has changed so far in terms of political, policy and business practices? For how long? Is there room for further institutional improvements? Is the system reformable? How is the Operation helping to support a market-based development agenda grounded on the rule of law? How are national and foreign investors reacting to these changes and challenges? What comes next for Brazil?

The event is organized by the Lemann Center for Brazilian Studies at Columbia University and the Janey Program in Latin American Studies at the New School for Social Research, in New York. 

 

Day 1 – Columbia University

Low Memorial Library

535 West 114th St., New York, NY 10027

 

9:30-10:50 am

Welcoming Remarks: John Coatsworth (Provost of Columbia University), Gustavo Azenha (Lemman Center for Brazilian Studies, Columbia University)

 

Guest Speaker: Sérgio Fernando Moro, Judge / Thirteenth Federal Criminal Court, Curitiba / Carwash Operation

                      Moderator: Felippe Ramos (The New School)

 

10:50-12:15 pm

Roundtable: Improving Institutions and Governance: impacts in doing business and investing in Brazil

Lisa Schineller (Standard & Poor's)

Otaviano Canuto (The World Bank)

Albert Fishlow (Columbia University)

Alberto Ramos (Goldman Sachs)

Jan Svejnar (Columbia University)

Luiz Pinto (Brookings Doha Center)

             Moderator: Marcos Troyjo (Columbia University)

 

Day 2 – The New School

John L. Tishman Auditorium, University Center

63 5th Ave, New York, NY 10003

 

2-3 pm

Guest Speaker: Paulo Roberto Galvão, Prosecutor / Federal Public Ministry / Carwash Operation Task Force

                     Moderator: Leonardo Petronilha (Columbia University)

 

3:15 – 4:30 pm

Roundtable: Challenges to dismantle crony capitalism: strengthening institutions to tackle corruption and foster development

Daniel Kaufmann (Natural Resource Governance Institute)

Matthew Taylor (American University)

Ernesto Calvo (University of Maryland)

Paul Lagunes (Columbia University)

                 Moderator: Sidney Nakahodo (Columbia University)

 

4:30 - 5 pm

Closing Speech: Her Excellency Dr. Carmen Lucia Antunes Rocha, Chief Justice of the Supreme Court of Brazil (to be confirmed)

                 Moderator: Daniella Diniz (Columbia University)

 

Featured Guest Speakers

Carmen Lúcia Antunes Rocha is the Chief Justice of the Brazilian Supreme Court.

Sérgio Fernando Moro is a Brazilian federal judge who has gained national and international fame for commanding the prosecution of the crimes identified in the investigation nicknamed Operação Lava-Jato (Carwash, in English), a corruption probe involving government officials and business executives.

Paulo Roberto Galvão is a Brazilian federal prosecutor, member of the Carwash Operation Task Force which negotiates plea bargains with high-profile politicians and businessmen accused of wrongdoings.

 

Tickets are free. Please use the following links to RSVP in order to secure a spot:

RSVP for February 6th at Columbia University here

RSVP for February 7th at The New School here

 

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