Brazil's economy saw fast growth before the global financial crisis, but in recent years it has seen its growth rate decline. This book explores Brazil's economic story in the 21st century.
The book begins by exploring the way commodity exports, import substitution, social policy and wage increases enlarged the domestic market and induced investment, before going on to consider the failings of the growth model and global economic engagement. The volume goes on to consider the country's future trajectory, making the argument for industrial policy rather than austerity, the reform of its model of global economic engagement and an increase in public investment.
| ISBN: | 9781138235618 |
| Publication date: | 29th February 2024 |
| Author: | Pedro Paulo Zahluth Bastos |
| Publisher: | Routledge an imprint of Taylor & Francis |
| Format: | Hardback |
| Pagination: | 256 pages |
| Series: | Routledge Studies in the Modern World Economy |
| Genres: |
International economics Ethnic studies Development economics and emerging economies Political economy Regional / International studies Politics and government |