The Rise and Halt of Economic Development in Brazil, 1945-2004: Industrial Catching-up, Institutional Innovation and Financial Fragility

Leonardo Burlamaqui, Jose A. P. De Souza and Nelson Barbosa-Filho

No RP2006-81, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper seeks to explain the dynamics of Brazilian industrial catch-up in the last 60 years by discussing its background institutional conditions as well as its main macroeconomic features. After a brief introduction, the second section describes how after the institutional innovations introduced during the Vargas' and Kubitschek's administrations, a Brazilian version of the Developmental State was created, releasing the growth potential of the economy during the 1950s.

Keywords: Economic development; History of economics; Institutional economics (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:rp2006-81

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