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dc.contributor.authorArbache, Jorge Sabaen_US
dc.date.accessioned2012-09-21T09:49:11Z-
dc.date.available2012-09-21T09:49:11Z-
dc.date.issued2004en_US
dc.identifier.isbn9291906514en_US
dc.identifier.urihttp://hdl.handle.net/10419/63615-
dc.description.abstractIn the last twenty years, Brazil has undergone several attempts of improving sustainable growth through stabilization programmes, and more recently, structural reforms in line with the Washington Consensus Agenda. The results, however, have been disappointing, as the per capita output growth has remained below its historic trend, and poverty and inequality remain at high levels. This paper investigates why market-oriented reforms such as trade and capital account liberalization, privatization, deregulation and stabilization failed to boost growth in Brazil. We conclude that structural reforms may contribute to growth if accompanied by microeconomic policies tailor-made to address the country’s needs, and by appropriate macroeconomic, institutional and political environments.en_US
dc.language.isoengen_US
dc.publisherUNU-WIDER Helsinkien_US
dc.relation.ispartofseriesResearch Paper, UNU-WIDER, United Nations University (UNU) 2004/58en_US
dc.subject.jelE61en_US
dc.subject.jelE62en_US
dc.subject.jelE63en_US
dc.subject.jelE65en_US
dc.subject.jelF15en_US
dc.subject.jelP11en_US
dc.subject.jelP16en_US
dc.subject.ddc330en_US
dc.subject.keywordstructural reformsen_US
dc.subject.keywordpolicy coordinationen_US
dc.subject.keywordfiscal policyen_US
dc.subject.keywordstabilizationen_US
dc.subject.keywordtrade liberalizationen_US
dc.subject.keywordpolitical economyen_US
dc.subject.keywordBrazilen_US
dc.subject.stwWirtschaftliche Anpassungen_US
dc.subject.stwBrasilienen_US
dc.titleDo structural reforms always succeed? Lessons from Brazilen_US
dc.typeWorking Paperen_US
dc.identifier.ppn47733427Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

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