Brazil's Growth Performance: Achievements and Prospects

Luiz de Mello

No RP2009-55, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper reviews Brazil's growth performance over the last quarter of a century and discusses the main determinants of a pick-up in growth since the mid-1990s. Emphasis is placed on the policy pay-offs associated with a consolidation of macroeconomic adjustment, which is a pre-condition for sustained growth. Structural reform based on a liberalization of the county's trade and investment regimes have also generated productivity gains that have supported growth.

Keywords: Economic development; Economic policy (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (1)

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