Word of the Week: Instituto de Pesquisa Econômica Aplicada (IPEA), Brazil

Instituto de Pesquisa Econômica Aplicada (IPEA) is Brazil's Federal Institute for Applied Economic Research. Established in 1964, it now operates under the Ministry for Planning and Budget.

⭐ IPEA's primary mission is to conduct research, providing the government with analytical foundation for developing and evaluating public policies.

🖋️ IPEA focuses on several key areas:
⚪Macroeconomic research and forecasting
⚪Analysis of social policy, regional and urban development, ecology
⚪Research in innovation, regulation, and infrastructure
⚪International relations and global development
⚪Public administration and democracy

📊 Role and recognition:
⚪In 2019, IPEA was honored as the best government think tank in Latin America according to the Global Go To Think Tank Index Report.
⚪IPEA secured a spot among the Top 25 government think tanks worldwide.
⚪The institute plays a vital role in shaping the expert agenda and fostering sustainable development in Brazil.

The IPEA is a national coordinator for Brazil at the BRICS Think Tank Council.

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