After the 1994 Real Plan ended fourteen years of high inflation in Brazil, the country's economy was expected - mistakenly - to grow quickly. Luiz Carlos Bresser-Pereira discusses Brazil's economic trajectory from the mid-1990s to the present Lula administration, critically appraising the neoliberal reforms that have curtailed growth and proposing a national development strategy geared toward effective competition in the global marketplace. This title offers a reasoned critique of the neoliberal reforms that have curtailed economic growth in Brazil since the mid-1990s, informing a proposal for an innovative new development strategy.
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Luiz Carlos Bresser-Pereira is professor emeritus of politics and economics at the Getulio Vargas Foundation. In addition to his long academic career, he has served as Brazil's minister of finance, minister of federal administration and state reform, and minister of science and technology, and also as secretary of the government of the state of Sao Paulo.
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