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Brazil in Transition : Beliefs, Leadership, and Institutional Change
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ISBN: 9781400880942 1400880947 0691162913 9780691162911 Year: 2016 Publisher: Princeton, NJ : Princeton University Press,

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Abstract

Brazil is the world's sixth-largest economy, and for the first three-quarters of the twentieth century was one of the fastest-growing countries in the world. While the country underwent two decades of unrelenting decline from 1975 to 1994, the economy has rebounded dramatically. How did this nation become an emerging power? Brazil in Transition looks at the factors behind why this particular country has successfully progressed up the economic development ladder. The authors examine the roles of beliefs, leadership, and institutions in the elusive, critical transition to sustainable development.Analyzing the last fifty years of Brazil's history, the authors explain how the nation's beliefs, centered on social inclusion yet bound by orthodox economic policies, led to institutions that altered economic, political, and social outcomes. Brazil's growth and inflation became less variable, the rule of law strengthened, politics became more open and competitive, and poverty and inequality declined. While these changes have led to a remarkable economic transformation, there have also been economic distortions and inefficiencies that the authors argue are part of the development process.Brazil in Transition demonstrates how a dynamic nation seized windows of opportunity to become a more equal, prosperous, and rules-based society.


Book
The World That Latin America Created : The United Nations Economic Commission for Latin America in the Development Era.
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ISBN: 9780674270039 Year: 2022 Publisher: Cambridge Harvard University Press

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Margarita Fajardo tells the story of the cepalinos, Latin American economists and policymakers, and their dependentista critics, whose ideas about economic growth and global inequality transformed our approach to development and changed the course of the twentieth century.

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