Rise and decline of the seventies

Luiz Carlos Bresser-Pereira ()

Brazilian Journal of Political Economy, 1983, vol. 3, issue 2, 222-246

Abstract: Analysis of the Brazilian economy between 1970 and 1982, focusing on its cyclicalnature. After a short analysis of the economy’s expansion up to 1974, the author discussesalternative theories for the reversion of the cycle. With the subsequent slowdown of economicgrowth, we have inflation and an explosive increase in the foreign debt. Finally, thearticle analyses the 1981-1982 recession and the underlying distributive crisis. JEL Classification: O40; O11; E31.

Keywords: Business cycle; external debt; recession; inflation (search for similar items in EconPapers)
Date: 1983
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