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The myth of Vargas’ economic populism

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  • Pedro Cezar Dutra Fonseca

Abstract

The Second Vargas Administration in Brazil (1951-1954) is commonly associated with the phenomenon of populism. However, based on the models of economic populism, it is clear that the economic policy of the period is not the one shown by those models. Besides, based on this historic experience, it is advocated that there is no incompatibility between developmentalism and the adoption of macroeconomic stability-oriented measures. JEL Classification: N16; P48.

Suggested Citation

  • Pedro Cezar Dutra Fonseca, 2011. "The myth of Vargas’ economic populism," Brazilian Journal of Political Economy, Center of Political Economy, vol. 31(1), pages 56-76.
    • Handle: RePEc:ekm:repojs:v:31:y:2011:i:1:p:56-76:id:392
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/392/383
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    More about this item

    Keywords

    Brazilian economy; Vargas; economic populism; developmentalism;
    All these keywords.

    JEL classification:

    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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