Public finance in the “Estado Novo”, 1937-45

Mauricio C. Coutinho () and Tamás Szmrecsányi

Brazilian Journal of Political Economy, 1990, vol. 10, issue 2, 209-223

Abstract: State intervention in the economy and governmental public policies are usuallyregarded in peripherical economies as one of the main factors in the development process.According to most historians, the period of the Estado Novo had a great importance in therecent evolution of the Brazilian economy, representing a turning point from the primary-exportsystem to the present one, based on the industrial sector and the internal market. Thearticle intends to test these hypotheses in quantitative and qualitative terms, by comparingthe evolution of Brazilian public finance between 1938 and 1945 with the previous and theulterior eight-year periods (from 1930 to 1937, and from 1946 to 1953). JEL Classification: N46; N16; H16.

Keywords: Economic history of Brazil; Estado Novo; Vargas; public budget (search for similar items in EconPapers)
Date: 1990
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