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The New Macroeconomic Matrix and the Great Brazilian Recession

Cleomar Gomes Da Silva and Albert Fishlow

Challenge, 2021, vol. 64, issue 2, 138-155

Abstract: The authors investigate the policies adopted by Brazil after the 2008 financial crisis. It was called the New Macroeconomic Matrix (NMM). They to detail the main measures related to NMM; analyze what causes the Great Brazilian Recession was caused by internal factors (NMM actions) or by external factors; and whether the decade that followed was indeed a lost decade for Brazil. We conclude that NMM measures played an important role in the Great Brazilian Recession and that the 2010s can be characterized as a lost decade for the Brazilian economy.

Date: 2021
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DOI: 10.1080/05775132.2020.1866906

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