Brazil: From High Growth in the Golden Age to Quasi-Stagnation in Neoliberalism

Authors

  • Adalmir Antonio Marquetti Pontifícia Universidade Católica do Rio Grande do Sul (PUCRS)
  • Alessandro Miebach Universidade Federal do Rio Grande do Sul (UFRGS).
  • Henrique Morrone Universidade Federal do Rio Grande do Sul (UFRGS)

DOI:

https://doi.org/10.31061/redepp.v8n1.31-36

Keywords:

Brazil, capital accumulation, institutional change

Abstract

 The article investigates the Brazilian economy through the different phases of capitalism between 1950 and 2023. Brazil transitioned from a country with high growth during the period of developmentalism (1950-1980) to a quasi-stagnation under neoliberalism and its crisis (1980-2023). The decline in the capital accumulation rate, resulting from the fall in the profit rate and the institutional changes of neoliberalism with the end of the developmentalist state, is at the root of the limited growth observed in Brazil over the past four decades.

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Published

2024-12-31

How to Cite

Marquetti, A. A., Miebach , A., & Morrone , H. (2024). Brazil: From High Growth in the Golden Age to Quasi-Stagnation in Neoliberalism. Revista De Desenvolvimento E Políticas Públicas, 8(1), 31–36. https://doi.org/10.31061/redepp.v8n1.31-36