If instead of complicated derivatives models we use this crisis to simplify the processes, to simplify the taxes, to simplify the investments we can achieve more buy adding more people to the economy.
In the case of Latin America there is a huge amount of infrastructure projects that are needed buy many different governments, from airports to ports, from housing to water processing plants, from bridges to railroads, why not let the private sector come in?
All those projects can be developed as a concession for 30, 40, 50, 60, 70, 80 or even 99 years.
For that the only requirement are very good contracts, very stable environments and an admant will to not break contracts.
Ok this will leave Argentina, Bolivia, Ecuador, Paraguai and Venezuela out of the picture, maybe this is a good thing, since they will perceive what they are losing compared to their more stable and law abiding neighbors like Brazil, Chile, Colombia and Uruguay.
Just as an example the city of Rio de Janeiro have an endless list of problems, a small and outdated port, slums all over the city, decadent military bases, unfinished university campus, insufficient public transportation system, etc...
If the port is sold to the private sector, if the military bases are sold to the private sector a whole new city could be built between the shores of "Baia da Guanabara" and Avenida Brasil, the military bases could be sold to companies that would build a series of new districts with the proper infrastructure and would later sell the housing projects to the population living on the near slums, after the population is relocated to the new areas (close to their previous ones, but with much better infrastructure) the slums could be removed and a new infrastructure could be built on those areas as well.
Anyone can check google earth an see that this is almost obvious, those areas could be integrated to the subway and train systems, those areas could have hospitals and schools built from day zero and become an example for other cities in the region.
The military bases would be bought by market value, the military could use the money to renovate their outdated equipment and move their bases to new areas with more need for their services like the borders of Brazil with Bolivia, Colombia and Venezuela helping also to protect the Amazon, who need an army in Rio if you can send a missile from thousands of kilometers away that can blow the city out of this world?
We need the army helping to protect our borders, we need the army helping to protect our florest, our wildlife, our native brazilians, etc...
This is simple, this would free our government budget to focus in three major areas, education, public health and public safety.
