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dc.contributor.authorArbache, Jorge Sabaen
dc.date.accessioned2012-09-21T09:49:11Z-
dc.date.available2012-09-21T09:49:11Z-
dc.date.issued2004-
dc.identifier.isbn9291906514en
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
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Research Paper |x2004/58en
dc.subject.jelE61en
dc.subject.jelE62en
dc.subject.jelE63en
dc.subject.jelE65en
dc.subject.jelF15en
dc.subject.jelP11en
dc.subject.jelP16en
dc.subject.ddc330en
dc.subject.keywordstructural reformsen
dc.subject.keywordpolicy coordinationen
dc.subject.keywordfiscal policyen
dc.subject.keywordstabilizationen
dc.subject.keywordtrade liberalizationen
dc.subject.keywordpolitical economyen
dc.subject.keywordBrazilen
dc.subject.stwWirtschaftliche Anpassungen
dc.subject.stwBrasilienen
dc.titleDo structural reforms always succeed? Lessons from Brazil-
dc.typeWorking Paperen
dc.identifier.ppn47733427Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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