EDG and Insolvency – Main repercussions of environmental integrity for the discipline of the business crisis.

In a new column in JOTA, Ana Frazão discusses how the ESG agenda reframes the purposes of business recovery

Not every company in crisis must be saved at any price. Starting from her talk at the 5th Congress of the Center for Women in Corporate Restructuring, held in São Paulo on September 17, Ana Frazão argues that the success of recovery cannot be measured only by the approval of the plan by creditors. For her, recovery should be conditioned to the maintenance of activities compatible with environmental integrity.

The column examines who actually bears the costs of insolvency and the risks of financially "excellent" plans built on control cuts and social and environmental investments. It also addresses the need for a new reading of the fresh start and the interpretative challenges of article 47 of the bankruptcy law.

📖 Read the full column in the JOTA: https://www.jota.info/opiniao-e-analysis/columns/company-and-market/esg-e-insolvence

Ana Frazão column in Jota of 17/09: The urgent need to slow down the progress of the AI – The recent and unexpected consensus on the importance of containing the serious risks already mapped.

New column in JOTA analyses the unexpected consensus between Gates, Bengio, Amodei, Altman and Musk on the risks of AI — and why it makes regulation unstoppable.

In eighteen days, the names that gained the most from artificial intelligence publicly admitted that technology became dangerous. In the column Constitution, Company and Market published in the JOTA on 17 September, Ana Frazon goes through this turn — of the manifesto "We Must Act Now", signed by more than 400 economists and researchers, to the resignation of the researcher of Anthropic who estimates by more than 10% the risk of extinction of humanity, until the appeal of Darius Amodei for a coordinated deceleration, endorsed by Sam Altman and Elon Musk.

The columnist argues that the discussion on if The AI must be regulated is overcome: it remains to be defined como. Using Ezrachi and Stucke's argument in Competition Overdose, shows that competition without clear rules leads economic agents to create excessive risks and negative externalities — exactly what is observed today in the AI market. Self-regulation, in addition to the democratic deficit, runs counter to competitive risks. For Ana Frazão, domestic regulations such as PL 2338 and international cooperation are the only alternatives compatible with the urgency of the theme: "this is not a mere market problem, but a problem of the states and of humanity itself".

To read in full, visit: https://www.jota.info/opiniao-e-analysis/columns/company-and-market/a-urgent-need-of-acceleration-of-the-advance

Open Poscast Law and Economy with Ana Frazão: Growth and economic development in Brazil, with Samuel Pessoa.

In the episode, Ana Frazão talks with Samuel Pessoa, Associate Researcher of FGV IBRE and BTG Practical and Columnist of Folha de SP. Based on an opposition between orthodox and heterodox views, the interviewee explains, in a very didactic way, fundamental questions for the Brazilian debate, such as (i) the differences between growth and economic development and to what extent the reduction of inequality is related to the two questions, (ii) the reasons why Brazil does not grow, as well as the real growth prospects, (iii) the problem of the low productivity of the Brazilian economy and (iv) the relations between state and market, including for the purpose of conducting a critical analysis of the role of industrial policies in Brazil. The teacher still makes a brief analysis of the economic results of the Lula 3 government and maps some of the concerns that need to guide the economic debate in Brazil.

To listen click here: https://open.spotify.com/episode/5rGQefI1VfbbJQKhcMubFh