Political Economy of the Coup d’État in Brazil

Alexis Dantas () and Elias Jabbour ()
Additional contact information
Alexis Dantas: Department of Economic Evolution of the Economic Science Faculty of State University of Rio de Janeiro
Elias Jabbour: Department of Economic Evolution of the Economic Science Faculty of State University of Rio de Janeiro

Problemy Zarzadzania, 2017, vol. 15, issue 70, 105-114

Abstract: The aim of this paper is to demonstrate that the Brazilian political crisis that culminated in the impeachment of President Dilma Rousseff is not a direct result of the economic crisis, but a consequence of a broad coalition involving business groups, opposition parties and media with influence in the heart of the state apparatus. The formation of this conservative character of political coalition was part of a process to cut off positive results related to the growing role of the state in the economy and its consequence on employment, labor income and the welfare of Brazilian workers. The economic crisis, therefore, is an epiphenomenon of the political crisis, in the form of productive lockout (production and investments) with effect in a growing debt-to-GDP relation, rising inflation, level of unemployment and, especially, the negative GDP growth.

Keywords: political economy; political crisis; economics; entrepreneurship; coup d’etat. (search for similar items in EconPapers)
JEL-codes: N1 (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://press.wz.uw.edu.pl/ems/vol15/iss70/11 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sgm:pzwzuw:v:15:i:70:y:2017:p:105-114

Access Statistics for this article

More articles in Problemy Zarzadzania from University of Warsaw, Faculty of Management Contact information at EDIRC.
Bibliographic data for series maintained by ().