Pro-Poor Macroeconomics in Brazil?

28 Pages Posted: 27 Oct 2005

See all articles by Jorge Arbache

Jorge Arbache

Development Bank of Latin America - CAF

Date Written: October 2005

Abstract

This paper reviews the recent economic policies in Brazil and their impacts on the poor, and examines macro policies required to allow for poverty reduction. We first present the economic policies of the following periods and their impacts on growth and on the poor: 1980-1989, 1990-2002, and 2003-2004. The split between the first and second periods is due to the major break of policy orientation from 1990 onwards. The last period seeks to examine whether the economic policy of President Lula da Silva is favoring the poor as compared to his predecessors. Then we discuss macroeconomic policy alternatives that can lead Brazil towards a faster and more equitable growth and rapid poverty reduction. We conclude presenting the lessons drawn from the Brazil's case.

Keywords: economic growth, economic reforms, poverty, income distribution, pro-poor macroeconomics, Brazil

JEL Classification: I30, O10, O40

Suggested Citation

Arbache, Jorge, Pro-Poor Macroeconomics in Brazil? (October 2005). Available at SSRN: https://ssrn.com/abstract=827545 or http://dx.doi.org/10.2139/ssrn.827545

Jorge Arbache (Contact Author)

Development Bank of Latin America - CAF ( email )

Av Canaval Moreyra 380
Lima, Lima
Peru
+ 55 61 98194 4529 (Phone)

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