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Brazil's Growth Performance: Achievements and Prospects

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  • Luiz de Mello

Abstract

This paper reviews Brazil's growth performance over the last quarter of a century and discusses the main determinants of a pick-up in growth since the mid-1990s. Emphasis is placed on the policy pay-offs associated with a consolidation of macroeconomic adjustment, which is a pre-condition for sustained growth. Structural reform based on a liberalization of the county's trade and investment regimes have also generated productivity gains that have supported growth.

Suggested Citation

  • Luiz de Mello, 2009. "Brazil's Growth Performance: Achievements and Prospects," WIDER Working Paper Series RP2009-55, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2009-55
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    File URL: https://www.wider.unu.edu/sites/default/files/RP2009-55.pdf
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    Cited by:

    1. Teles, Vladimir Kuhl & Cardoso, Eliana A., 2010. "A brief history of Brazil's growth," Textos para discussão 241, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).

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