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Long-term Brazilian Economic Development

Nathaniel H. Leff

The Journal of Economic History, 1969, vol. 29, issue 3, 473-493

Abstract: The Purpose of this article is to clarify some historical features of Brazilian economic development in order to gain some insight into the process of long-term growth. The recent extension of the principal macroeconomic time-series to 1920 and the publication of several specialized monographs provide the material for such an analysis. We will begin with a consideration of the timing of Brazilian industrialization and, more important, of the conditions in which it took place. Such a discussion is all the more necessary since it appears that some of the stock ideas concerning Brazilian economic development before 1939 require revision.

Date: 1969
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