Economic Stagnation in the United States: Underlying Causes and Global Consequences

Robert Blecker

No 2013-16, Working Papers from American University, Department of Economics

Abstract: The theme of this book is to analyze whether and how it would be possible for Brazil to double its per capita income in 15 years. The most important determinants of whether Brazil can accelerate its growth sufficiently to achieve such an ambitious goal will undoubtedly be domestic in nature. National policies, institutions, and capabilities are the most important factors in influencing whether a country like Brazil will unleash its economic potential or grow at disappointing rates. Nevertheless, the global economic environment will also be an important factor in either facilitating or constraining the achievement of more rapid growth in Brazil, especially if—as seems likely—exports would be a key component of a new growth strategy.

Date: 2013
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https://doi.org/10.17606/8cpn-7p82 First version, 2013 (application/pdf)

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Journal Article: Economic stagnation in the United States: underlying causes and global consequences (2014)
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