The New Model of Development or Conservative Modernisation in the Left-Centrist Arrangements (1995–2015)?

Victor Krasilshchikov ()
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Victor Krasilshchikov: Polish Institute of Advanced Studies

Chapter Chapter 5 in Brazil - Emerging Forever?, 2022, pp 79-103 from Springer

Abstract: Abstract The author considers the implementation of the Real Plan that suppressed destructive inflation and was aimed at the integration of the country into the process of globalisation. It is important that the policies of the governments of F.H. Cardoso, L.I. Lula da Silva and D. Rousseff are scrutinised together, with the focus on the continuity rather than the differences between them. Both political tracks combined a neoliberal financial-economic policy with a social-democratic approach to social problems. The main achievements of this policy, the evident reduction of poverty and decrease of income inequality, as well as the diminution of the interregional disparities, are also considered in the chapter. However, reality was much harder than initial expectations for change, the obvious achievements in social policy notwithstanding.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:socchp:978-3-030-50208-9_5

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DOI: 10.1007/978-3-030-50208-9_5

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