Brazil: From High Growth in the Golden Age to Quasi-Stagnation in Neoliberalism
DOI:
https://doi.org/10.31061/redepp.v8n1.31-36Keywords:
Brazil, capital accumulation, institutional changeAbstract
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
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