Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/63349 
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dc.contributor.authorBurlamaqui, Leonardoen
dc.contributor.authorSouza, José A. P. deen
dc.contributor.authorBarbosa-Filho, Nelson H.en
dc.date.accessioned2012-09-21T09:29:47Z-
dc.date.available2012-09-21T09:29:47Z-
dc.date.issued2006-
dc.identifier.isbn9291908592en
dc.identifier.urihttp://hdl.handle.net/10419/63349-
dc.description.abstractThis paper seeks to explain the dynamics of Brazilian industrial catch-up in the last 60 years by discussing its background institutional conditions as well as its main macroeconomic features. After a brief introduction, the second section describes how after the institutional innovations introduced during the Vargas’ and Kubitschek’s administrations, a Brazilian version of the Developmental State was created, releasing the growth potential of the economy during the 1950s. The third section analyses the inflationary crisis and institutional inertia of the mid-1960s, and its solution through the introduction of a new of wave of institutional innovations and conflict management devices, which lead to the Brazilian growth miracle, until the debt crisis of early 1980s signaled its end. The fourth section analyses why the financial crisis, coupled with ineffective institutional changes and unsuccessful macroeconomic stabilization plans lead growth to a halt. It also includes an analysis of the pro-market reforms from the early 1990s onwards. The fifth section concludes the paper offering a brief sketch on how the analytical narrative fits the conceptual framework within which it was performed. – development ; catch-up ; institutionsen
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Research Paper |x2006/81en
dc.subject.jelN16en
dc.subject.jelN26en
dc.subject.jelO16en
dc.subject.ddc330en
dc.subject.stwEntwicklungen
dc.subject.stwEntwicklungskonvergenzen
dc.subject.stwBrasilienen
dc.titleThe rise and halt of economic development in Brazil, 1945 - 2004-
dc.typeWorking Paperen
dc.identifier.ppn516499114en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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