The Three-Year Plan in the context of the US-Brazilian relations (1962-1963)

Felipe Pereira Loureiro ()

Brazilian Journal of Political Economy, 2013, vol. 33, issue 4, 671-691

Abstract: The paper analyses the US-Brazilian relations during the formulation and implementation of the Three-Year Plan by the government of João Goulart. The evidence suggests the limited economic assistance offered by the United States to Brazil, driven by political causes, played a major role in the Three-Year Plan’s demise. It is argued that Goulart’s links with the radical left, particularly with groups seen as communists by Washington, was the main reason behind US decision of blocking resources. The conclusions are relevant because scholars have emphasized domestic reasons only to explain the failure of the Three Year Plan. JEL Classification: N16; N46; F59.

Keywords: economic policy; Three-Year Plan; João Goulart; US-Brazilian relations (search for similar items in EconPapers)
Date: 2013
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