Monday, January 2, 2012

Politiken Denmark interview Bernardo Javalquinto English

Saturday December 30th, 2011
Europe's crisis is good for Latin America

Bernardo Javalquinto baffled by Europe's crisis and hope the old continent will learn from his mistakes. While he is optimistic about the effects of the crisis in Latin America.
by M. Anne Sorensen, Latin America Correspondent Politiken Denmark

When from a Latin American tower sees the economic crisis, what do you do?
       - As Hispanics, we know better than most people that crises come and go. Crises we have had many of them here in the region, and now we can see that Europe could also be having a big one. But crises are not only evil, and that Europe will also have to discover.
How can an economic crisis be a good thing?
- Because people learn from a crisis. When it's good times you learn nothing. So lean back and becomes relaxed because you do not have to strain with things to succeed. Even people who do not make an effort or are sloppy can relax when the economy rays. On the contrary It does not go like that during a recession. During downturns, you must learn to do things better or you die. It begins in earnest competition, and only the best survive. It's not so bad to be forced to exert themselves and find new paths to do things well.
So Europe is stronger from the crisis?
- If Europe takes lessons from his many mistakes they will come out of crisis. And with errors, I think the whole process of formation of the European Union. Seen from here it looked like madness. For me Europe stood as a referral when it came to managing human capital. In a leader when it began as the globalization of information technology and know-how is was their strongest point. They  were known for companies to assume responsibility for the development of society and the social democratic model. And so from one second to another I put it all over the track and from one day to another and forget everything they have worked for so many years, in prosperity and democracy.

What happened?
- When you look at the EU's crisis, one can see that there has been a fatal lack of control over the countries' budgets and that no one will take responsibility of lack of fiscal policy control. This is because the EU is a political project that has been taken over by politicians who know nothing about economics. Since they know nothing about economics takes the decisions that benefit themselves and not the whole society. Good governance is to protect the population and empower them, give them influence, and to increase the quality of life for citizens. All this has been ignored in Europe. Therefore, the people now is losing confidence in politicians, justice and the European Union itself. There is a democratic problem that Europe should take very seriously.

When we talk about control of budgets, so in particular the International Monetary Fund a tradition of telling America what to do. They forgot to tell Europe the same?
- First, the IMF has said many things in Latin America, and we have never taken then particularly seriously. Secondly, the IMF has always seen Europe as so advanced that it was not necessary to make demands. It was a mistake, of course, because it has become obvious that neither the Commission nor the European Parliament have done their work well. They are even accusing each and other countries and worst of the entire U.S. debacle, which is absurd.
All that being said, there is, as far as I can see, equal parts shared by psychology and economics effects in the European's crisis. When politicians and the press screams crisis, so people are scared and keep doing foolish things in place to keep a cool head.

They fear that Europe's crisis might spill over into Latin America?
- Everything is interrelated in a globalized world. Latin tags yet see no crisis, but in the new global industrial revolution will affect all, if the EU does not have its house in order. Right now, it affects us in the way that all Latin American governments have not fulfilled their election promises are starting to put the blame on the European crisis.

Brazil's former President Lula has said that America is not part of the problem in the U.S. and Europe, but perhaps a part of the solution. What does he mean?
- Lula believes that Latin America may help to create opportunities and growth. What we see now is that the Argentines, Ecuadorians, Colombians, etc., are returning from a crisis hit in Europe to their homes, they just went on to find opportunities that were not fulfilled at home. They have learned something while they were in Europe and they are taking it the back. We also see that the Spaniards in the tens of thousands find their way into Latin America. They will not find paid work, but if they can create something this will great, so the possibilities are endless. It's easy to get rich in America if you do things properly. Although we make things so mediocre namely, that a European immigration can only have beneficial effects. And not only on the economy and in the environment but also in many other sectors. In your cafes people talk about literature and film, cultural themes. In our cafes, talks are about money and how best to cheat each other. We need a European ethics and know-how. We need opportunities and places to unfold. It's win-win situation for everyone.

anne.sorensen @

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