Economic Orthodoxy versus Social Development? The Dilemmas Facing Brazil's Labor Government

Werner Baer and Edmund Amann
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Werner Baer: U of Illinois at Urbana-Champaign
Edmund Amann: U of Manchester

Working Papers from University of Illinois at Urbana-Champaign, College of Business

Abstract: It has often been suggested that the trade-off between equity and efficiency can be overcome by achieving both goals sequentially. This article shows how the government of President Lula has tried to follow the latter, by first emphasizing economic orthodoxy, to be followed by measures to achieve more socio-economic equity. With President Lula's administration in mandate the second half of its mandate our analysis suggests that such a sequence may be difficult to achieve.

Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ecl:illbus:05-0108

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