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http://ssrn.com/abstract=419463
 
 

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Does it Take a Lula to Go to Davos? A Brief Overview of Brazilian Reforms, 1980-2000


Nauro F. Campos


Brunel University - Economics and Finance; Centre for Economic Policy Research (CEPR); University of Michigan at Ann Arbor - The William Davidson Institute; Institute for the Study of Labor (IZA)

Armando Castelar Pinheiro


Institute of Applied Economic Research (IPEA)

October 2002

William Davidson Institute Working Paper No. 580

Abstract:     
What are the determinants of economic reform efforts? This paper tries to throw light on this question by examining recent reforms in Brazil, a country which followed a gradualist approach and was a late-starter among Latin American economies. We argue that these first generation reforms (trade liberalization, stabilization, privatization and the adoption of a new macro-policy framework) were driven by the drastic growth slowdown and redemocratization of the 1980s. We argue that their gradual and democratic implementation not only respond for their sustainability but also shows that the country is ready for a second generation of reforms focusing explicitly on institutional deficiencies.

Number of Pages in PDF File: 30

Keywords: Reform, Stabilization, Economic Policy, Growth, Brazil

JEL Classification: H11, O11, O23, O40, O54d

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Date posted: August 7, 2003  

Suggested Citation

Campos, Nauro F. and Pinheiro, Armando Castelar, Does it Take a Lula to Go to Davos? A Brief Overview of Brazilian Reforms, 1980-2000 (October 2002). William Davidson Institute Working Paper No. 580. Available at SSRN: http://ssrn.com/abstract=419463 or http://dx.doi.org/10.2139/ssrn.419463

Contact Information

Nauro F. Campos (Contact Author)
Brunel University - Economics and Finance ( email )
Uxbridge UB8 3PH
United Kingdom
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
University of Michigan at Ann Arbor - The William Davidson Institute
724 E. University Ave.
Wyly Hall
Ann Arbor, MI 48109-1234
United States
Institute for the Study of Labor (IZA)
P.O. Box 7240
Bonn, D-53072
Germany
Armando Castelar Pinheiro
Institute of Applied Economic Research (IPEA) ( email )
Av. Pres. Antonio Carlos , 51 - 14 andar
Rio de Janeiro, RJ, 20020-010
Brazil
55-21-3804-8126 (Phone)
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