Brazil : The New Growth Agenda, Volume 2. Detailed Report

During the last century, Brazil was one of the fastest growing economies in the world. Between 1901 and 2000, Brazil's Gross Domestic Product (GDP) per capita grew at an average annual rate of 4.4 percent. Brazil's long-run growth has rivaled that of counties such as South Korea, universally praised as a stellar performer. Brazil does not received the same praise. Perhaps one reason is that more has been expected of Brazil, especially by Brazilians themselves. After all the country is richly endowed with natural resources and is blessed with an energetic people. Perhaps is that economic growth in Brazil has been more erratic than in other countries, or it may be that this economic growth performance has been accompanied by high inequality, thus diminishing the "quality" of growth. How is it that the country with the fastest growth in the region also has the highest inequality? Are the two facts related, and if so, what can be done to improve the pattern of future income growth across the social classes, and reduce its extreme inequality and the breadth and depth of its poverty? The first volume summarizes the overall conclusions for policy drawn from the seven background papers presented in the second volume, and other relevant research, as well as giving a historical account of the driving forces behind Brazilian growth since the 1960s.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2002-12-31
Subjects:	ADMINISTRATIVE BARRIERS, ANATOMY, AVERAGE GROWTH, AVERAGE INCOME, AVERAGE INCOME GROWTH, BALANCE OF PAYMENTS, BASIC EDUCATION, BENCHMARKING, BUREAUCRACY, CAPITAL ACCUMULATION, CAPITAL FORMATION, CAPITAL INVESTMENTS, CIVIL SOCIETY, COMMUNICATIONS TECHNOLOGY, COMPARATIVE ADVANTAGE, COMPETITION POLICY, COMPETITIVE ADVANTAGE, CORRUPTION, CRIME, CROSS-COUNTRY PERSPECTIVE, CROWDING OUT, DATA SETS, DEBT, DEMOGRAPHICS, DEVELOPED COUNTRIES, DEVELOPING COUNTRY, DEVELOPING WORLD, DEVELOPMENT PRACTITIONERS, DIRECT INVESTMENT, DISTORTIONARY TAXES, ECONOMETRICS, ECONOMIC CIRCUMSTANCES, ECONOMIC CONDITIONS, ECONOMIC CONSTRAINTS, ECONOMIC EXPECTATIONS, ECONOMIC GROWTH, ECONOMIC INCENTIVES, ECONOMIC LITERATURE, ECONOMIC PERFORMANCE, ECONOMIC POLICY, ECONOMIC THEORY, ECONOMICS, ECONOMISTS, EMPIRICAL STUDIES, EXCHANGE RATES, EXPORTS, EXTERNALITIES, FINANCIAL DEPTH, GDP, GROSS DOMESTIC PRODUCT, GROWTH DETERMINANTS, GROWTH PERFORMANCE, GROWTH POLICY, GROWTH RATE, GROWTH RATES, GROWTH REGRESSIONS, GROWTH THEORY, HIGH SPREADS, HOUSEHOLD DATA, HUMAN CAPITAL, ILLITERACY, IMMIGRATION, INCOME GROWTH, INCOME INEQUALITY, INDUSTRIAL POLICY, INFRASTRUCTURE PROVISION, INTEREST RATE, INTERNATIONAL TRADE, INVESTMENT CLIMATE, ISOLATION, KNOWLEDGE ECONOMY, LABOR MARKET, LONG-RUN GROWTH, LONG-TERM GROWTH, LOW INFLATION, MACROECONOMIC BALANCE, MACROECONOMIC GROWTH, MACROECONOMIC INSTABILITY, MACROECONOMIC MANAGEMENT, MACROECONOMIC PERFORMANCE, MACROECONOMIC REFORMS, MACROECONOMIC STABILITY, MANAGERS, MEDIUM TERM, MIGRATION, NATIONAL DEVELOPMENT, NEGATIVE EFFECT, OUTPUT GROWTH, PAYMENTS CRISIS, POLICY AREAS, POLICY IMPLICATIONS, POLICY INTERVENTION, POLICY ISSUES, POLICY MAKERS, POLITICAL STABILITY, PRIMARY EDUCATION, PRIMARY SCHOOL, PRIVATE SECTOR, PRO-POOR, PRODUCTIVITY, PRODUCTIVITY GROWTH, PROGNOSIS, PROPERTY RIGHTS, PUBLIC GOVERNANCE, PUBLIC INFRASTRUCTURE, PUBLIC INVESTMENT, PUBLIC POLICIES, PUBLIC POLICY, PUBLIC SECTOR, REGRESSION ANALYSIS, REGULATORY BURDEN, RELATIVE IMPORTANCE, RESOURCE ALLOCATION, RULE OF LAW, SAVINGS, SECTOR ACTIVITY, SIGNIFICANT EFFECT, SKILLED LABOR, SOCIAL SECURITY, SUSTAINABLE GROWTH, TAX REFORM, TAXATION, TECHNOLOGICAL CHANGE, TECHNOLOGICAL INNOVATION, TECHNOLOGICAL PROGRESS, TECHNOLOGY TRANSFER, TERMS OF TRADE, TERTIARY EDUCATION, THEORETICAL MODELS, TIME SERIES, TOTAL FACTOR PRODUCTIVITY, TRADE REGIME, TRADE SHOCKS, TRADE VOLUMES, TRADEOFFS, WORKERS GROSS DOMESTIC PRODUCT, EQUITABLE ACCESS, GOVERNMENT SPENDING POLICY, GOVERNANCE, POVERTY REDUCTION STRATEGIES, STATE OWNED ENTERPRISES, FOREIGN INVESTMENT, INVESTMENT ENVIRONMENT, PUBLIC DEBT, EXPORT CAPACITY, INTELLECTUAL PROPERTY RIGHTS, SECONDARY EDUCATION, EXPORT MARKETS, FISCAL ADJUSTMENTS, EQUALITY,
Online Access:	http://documents.worldbank.org/curated/en/2002/12/2368296/brazil-new-growth-agenda-vol-2-2-detailed-report https://hdl.handle.net/10986/15287
Tags:	Add Tag No Tags, Be the first to tag this record!