Brazil: Ministry of the Economy: Analysis of Key Functions and their Operational Macroprocesses: Benchmarking Operational Macroprocesses with Experiences from Canada, France, Mexico, Peru, Spain, the United Kingdom, and the United States

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Date
Jun 2022
This technical note compares the value chains and macro-processes of the Ministry of Economy (ME) of Brazil against the relevant management models and practices used by the ministries of finance, economy or equivalents in selected Latin American countries and the Organization for Cooperation and Economic Development (OECD). This analysis, carried out in the context of the creation of the MoU through the merger of five former ministries, aimed to help identify gaps in current practices and propose recommendations to improve macro-processes in Brazil. A team, including former finance ministers and experts from these countries, participated in the technical analysis and discussions with public officials in partnership with experts from the Inter-American Development Bank. The results show: (i) positive initial results after the merger in terms of policy coordination, coherence and efficiency; (ii) recent policy reforms in line with OECD practices, some of which have just begun to be implemented; and (iii) opportunities to continue improving management practices in selected macro-processes.