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| Title: | | Brazil's growth performance: Achievements and prospects  |
| 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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