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Title:Brazil's growth performance: Achievements and prospects PDF Logo
Authors:de Mello, Luiz
Issue Date:2009
Series/Report no.:Research paper / UNU-WIDER 2009.55
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. The paper also discusses a number of policy challenges that will need to be addressed in the coming years to ensure that high growth can sustained over the longer term.
Subjects:Brazil
growth
structural reform
JEL:O10
O20
O54
ISBN:978-92-9230-234-4
Document Type:Working Paper
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

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