📥 Read the Brief: [ https://t.co/kbbv2Rq0U8] #IPEAresearch #BolsaFamíliaEvidence

💡 Takeaway: Cash didn't stop work - it helped workers escape bad jobs while formal employment grew (+1.1 pp for poorest 40%).

📊 What really declined (2019-2023): → Low paid informal occupations (-2.1 pp for poorest 20%) → Unpaid family worker (-1.1 pp for poorest 20%)

🔍 The twist: • Participation rate includes BOTH employed + unemployed • When unemployment drops sharply (↓3.4 pp since 2019), participation can fall even as employment grows • This signals a healthier labor market, not laziness

✅ The Reality: 1️⃣ Employment rate ↑ to 58.6% in 2024 (from 51% in 2020 and 56.4% in 2019) - FULL recovery 2️⃣ Unemployment ↓ to 4.2% in 2024 (half of 2020's crisis peak and lower than 7.6% in 2019) 3️⃣ Fewer "unemployed" explains lower participation rate

🧵 Myth vs. Evidence: "Cash transfers make people lazy" ❌ The Myth: Critics point to Brazil's 2024 labor force participation rate (62.8%) still below 2019 level (63.9%) as "proof" people won't work.

🚨 New Policy Brief Alert! "Bolsa Família Expansion, Employment & Poverty Eradication" by Marcos Hecksher (@ipeaonline) challenges myths about cash transfers & labor market disincentives. Key takeaways 🧵👇

Outstanding discussion of our G20 report in the FT today, clear-eyed, well informed, and meticulous Yes, we need a coordinated minimum tax on the super-rich — and it can be done https://t.co/fBLKvUKkky

@ABCgovBr @ipeaonline @ibgecomunica @A_MelloeSouza @UNCTAD [8/8] 🔗 More on this event here: https://t.co/1xIov9gs64 🔗 Esta notícia em PT:

@ABCgovBr @ipeaonline @ibgecomunica @A_MelloeSouza @UNCTAD [7/8] Strengthening the measurement mechanisms of #SouthSouthCooperation allows for identifying the areas where this cooperation has the greatest impact and directing resources more effectively towards initiatives that contribute to achieving the #SDGs. +

@ABCgovBr @ipeaonline @ibgecomunica @A_MelloeSouza @UNCTAD [6/8] The Manual on the Framework to Measure #SouthSouthCooperation was presented during the event. It is a tool supporting countries in completing the Framework with data and was developed by @UNCTAD in collaboration with experts from the #GlobalSouth, including Brazil. +

@ABCgovBr @ipeaonline @ibgecomunica [5/8] @A_MelloeSouza highlighted that @ipeaonline is responsible for collecting data on #SouthSouthCooperation managed by @UNCTAD. Currently, Ipea is training and advising other countries in Latin America on how to apply the new metric. +

[4/8] The Brazilian delegation was led by Márcio Correa from the @ABCgovBr, and @ipeaonline researcher Cristina Sydow representing the @ibgecomunica, who presented Brazil’s pioneering experience in gathering #SouthSouthCooperation data. +

[3/8] Brazil and Mexico are the first countries to apply this new metric to measure #SouthSouthCooperation. It is based on the premise that it differs from official development assistance offered by wealthy countries, following its own logic. +

[2/8] Global experts met to refine the methodology of a new metric developed & applied w/leadership & pioneering efforts from Brazil. Improving the measurement of #SouthSouthCooperation & its importance in mobilising resources for the #SDGs were the main topics discussed. +

[1/8] The coordinator of IPCid @A_MelloeSouza participated in the Inter-regional Expert Meeting on the Measurement of #SouthSouthCooperation organised by @UNCTAD, @UNESCWA, @eclac_un, @UNESCAP and @ECA_OFFICIAL. +

@ipeaonline @ABCgovBr @ibgecomunica @A_MelloeSouza [6/6] 🔗Read more on the International Forum on #TOSSD (IFT) here: https://t.co/krxr7jIdAN 🔗 Mais informações em PT: https://t.co/N27MrPZglt

@ipeaonline @ABCgovBr @ibgecomunica [5/6] @A_MelloeSouza leads a team under the Brazilian Cooperation for International Development (COBRADI) project, responsible for collecting #TOSSD data in Brazil. COBRADI is one of the projects under the umbrella of the IPCid: https://t.co/BPKV1uw9wZ +

@ipeaonline @ABCgovBr @ibgecomunica [4/6] Brazil is one of the paying members of the Steering Committee. This leadership position reflects the country's commitment to #sustainabledevelopment and its active engagement in seeking solutions to global challenges. +

@ipeaonline @ABCgovBr @ibgecomunica [3/6] The #IFT aims primarily to measure official financial flows directed towards #sustainabledevelopment, including government grants and resources from international institutions. +