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Brazil is the world's sixth-largest economy, and for the first three-quarters of the twentieth century was one of the fastest-growing countries in the world. While the country underwent two decades of unrelenting decline from 1975 to 1994, the economy has rebounded dramatically. How did this nation become an emerging power? Brazil in Transition looks at the factors behind why this particular country has successfully progressed up the economic development ladder. The authors examine the roles of beliefs, leadership, and institutions in the elusive, critical transition to sustainable development. Analyzing the last fifty years of Brazil's history, the authors explain how the nation's beliefs, centered on social inclusion yet bound by orthodox economic policies, led to institutions that altered economic, political, and social outcomes. Brazil's growth and inflation became less variable, the rule of law strengthened, politics became more open and competitive, and poverty and inequality declined. While these changes have led to a remarkable economic transformation, there have also been economic distortions and inefficiencies that the authors argue are part of the development process. Brazil in Transition demonstrates how a dynamic nation seized windows of opportunity to become a more equal, prosperous, and rules-based society.
Complementarities between political and economic institutions have kept Brazil in a low-level economic equilibrium since 1985.
Eve E. Buckley’s study of twentieth-century Brazil examines the nation’s hard social realities through the history of science, focusing on the use of technology and engineering as vexed instruments of reform and economic development. Nowhere was the tension between technocratic optimism and entrenched inequality more evident than in the drought-ridden Northeast sertão, plagued by chronic poverty, recurrent famine, and mass migrations. Buckley reveals how the physicians, engineers, agronomists, and mid-level technocrats working for federal agencies to combat drought were pressured by politicians to seek out a technological magic bullet that would both end poverty and obviate the need for land redistribution to redress long-standing injustices.
Brazil is at crossroads, emerging slowly from a historic recession that was preceded by a huge economic boom. Reasons for the historic bust following a boom are manifold. Policy mistakes were an important contributory factor, and included the pursuit of countercyclical policies, introduced to deal with the effects of the global financial crisis, beyond the point where they were helpful. More fundamentally, it reflects longstanding structural weaknesses plaguing the economy, that also help explain Brazil’s uninspiring growth performance over the past four decades.
In this book, Rafael R. Ioris critically revisits the postwar context in Brazil to reexamine traditional questions and notions pertaining to the nature of Latin America’s political culture and institutions. It was in this period that the region lived some of its most intense and successful experiences of fast economic growth, which was paradoxically marred by heightened ideological divisions, political disruptions, and the emergence of widespread authoritarian rule. Combining original sources of political, diplomatic, intellectual, cultural, and labor histories, Ioris provides a comprehensive history of the fruitful debates concerning national development in postwar Brazil, a time when the so-called country of the future faced one of its best moments for consolidating political democracy and economic prosperity. He argues that traditional views on political instability have been excessively grounded on an institutional focus, which should be replaced by in-depth analysis of events on the ground. In so doing, he reveals that as national development meant very different things to multiple different social segments of the Brazilian society, no unified support could have been provided to the democratically elected political regime when things rapidly became socially and politically divisive early in the 1960s. Innovating in its multidimensional analytical scope and interdisciplinary focus, Transforming Brazil provides a rich political, cultural, and intellectual examination of a historical period characterized by rapid socio-economic changes amidst significant political instability and the heightened ideological polarization shaping the political scenario of Brazil and much of Latin America in the Cold War era.
This is the first complete economic and social history of Brazil in the modern period in any language. It provides a detailed analysis of the evolution of the Brazilian society and economy from the end of the empire in 1889 to the present day. The authors elucidate the basic trends that have defined modern Brazilian society and economy. In this period Brazil moved from being a mostly rural traditional agriculture society with only light industry and low levels of human capital to a modern literate and industrial nation. It has also transformed itself into one of the world's most important agricultural exporters. How and why this occurred is explained in this important survey.
A big and bold book by a leading Brazilian public intellectual and scholar-practitioner. Whether or not one agrees with his conclusions, Bresser-Pereira reaches deep into the history of the turbulent twentieth century to set the terms for a new debate on Brazil¿s development in the twenty-first. --Matthew Taylor, American University Spanning the period from the country¿s independence in 1822 through early 2015, Luiz Carlos Bresser-Pereira assesses the trajectory of Brazil¿s political, social, and economic development. Bresser-Pereira draws on his decades of first-hand experience to shed light on the many paradoxes that have characterized Brazil¿s polity, its society, and the relations between the two across nearly two centuries. Luiz Carlos Bresser-Pereira is professor emeritus of politics and economics at the Getulio Vargas Foundation. In addition to his long academic career, he has served as Brazil¿s minister of finance, minister of federal administration and state reform, and minister of science and technology, and also as secretary of the government of the state of São Paulo.
In Brazil, the confluence of strong global demand for the country's major products, global successes for its major corporations, and steady results from its economic policies is building confidence and even reviving dreams of grandeza—the greatness that has proven elusive in the past. Even as the current economic crisis tempers expectations of the future, the trends identified in this book suggest that Brazil will continue its path toward becoming a leading economic power in the future. Once seen as an economic backwater, Brazil now occupies key niches in energy, agriculture, service industries, and even high technology. Yet Latin America's largest nation still struggles with endemic inequality issues and deep-seated ambivalence toward global economic integration. Scholars and policy practitioners from Brazil, the United States, and Europe recently gathered to investigate the present state and likely future of the Brazilian economy. This important volume is the timely result. In Brazil as an Economic Superpower? international authorities focus on five key topics: agribusiness, energy, trade, social investment, and multinational corporations. Their analyses and expertise provide not only a unique and authoritative picture of the Brazilian economy but also a useful lens through which to view the changing global economy as a whole.
In the last few decades, Brazilian agriculture has experienced a seismic transformation, and its contradictory facets have fed different and opposing narratives regarding recent changes. This book covers these changes, exploring the issues from several empirical and analytical angles, including the role of agriculture in the contemporary Brazilian economy, the dynamics of Brazilian agricultural value chains, environmental challenges and the processes of social differentiation. Brazilian agriculture continues to be viewed in the international literature, either through the lenses of the past century - those of former problems relating to land use and land tenure - or apologetically. This collection of essays aims at updating the current interpretations, providing objective accounting of the main transformations, its determinants, results, contradictions and limitations. As it covers the most relevant traits of Brazilian agricultural and rural development, the book will provide the reader with an encompassing view of contemporary Brazilian agriculture, including the positive and negative sides of the so-called tropical agriculture revolution. It highlights the tremendous economic potential as well as the continuing structural heterogeneity, concentration of production and marginalization of millions of small farmers. Written in an engaging and accessible style, this book will be perfect for all those interested in learning about Brazilian agriculture. It will be of particular interest to undergraduate and graduate students of economic development, agricultural economics, rural sociology, comparative economic development, rural development and agricultural policies.
A fabled country with a reputation for danger, romance and intrigue, Brazil has transformed itself in the past decade. This title, written by the go-to journalist on Brazil, intimately portrays a country of contradictions, a country of passion and above all a country of immense power.