Brazil’s economic growth and real (div)convergence from a very long-term perspective (1822-2019): An historical appraisal
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Revista de Economia Política |
Texto Completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572022000400934 |
Resumo: | ABSTRACT The reconstruction of the economic history of Brazil since independence from Portugal (1822) may lead to a new understanding of its economic growth. The deep-rooted idea that Brazil could have done better means there is a need to delve into each phase of its development. In this paper, we provide a very long-run perspective (1822-2019) of Brazil’s economic growth and process of real convergence. On the one hand, this review indicates that structural changes observed in the middle of the 20th century were crucial in promoting the country’s growth and real convergence with technologically advanced countries. On the other hand, poor institutional conditions and deficient human capital formation have emerged since colonial times as critical factors underlying Brazil’s inability to establish robust and sustainable economic growth. |
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Brazil’s economic growth and real (div)convergence from a very long-term perspective (1822-2019): An historical appraisalEconomic growthreal convergenceBrazilvery long run.ABSTRACT The reconstruction of the economic history of Brazil since independence from Portugal (1822) may lead to a new understanding of its economic growth. The deep-rooted idea that Brazil could have done better means there is a need to delve into each phase of its development. In this paper, we provide a very long-run perspective (1822-2019) of Brazil’s economic growth and process of real convergence. On the one hand, this review indicates that structural changes observed in the middle of the 20th century were crucial in promoting the country’s growth and real convergence with technologically advanced countries. On the other hand, poor institutional conditions and deficient human capital formation have emerged since colonial times as critical factors underlying Brazil’s inability to establish robust and sustainable economic growth.Centro de Economia Política2022-12-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572022000400934Brazilian Journal of Political Economy v.42 n.4 2022reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/0101-31572022-3376info:eu-repo/semantics/openAccessDORÉ,NATALIA I.TEIXEIRA,AURORA A.C.eng2022-12-14T00:00:00Zoai:scielo:S0101-31572022000400934Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2022-12-14T00:00Revista de Economia Política - EDITORA 34false |
dc.title.none.fl_str_mv |
Brazil’s economic growth and real (div)convergence from a very long-term perspective (1822-2019): An historical appraisal |
title |
Brazil’s economic growth and real (div)convergence from a very long-term perspective (1822-2019): An historical appraisal |
spellingShingle |
Brazil’s economic growth and real (div)convergence from a very long-term perspective (1822-2019): An historical appraisal DORÉ,NATALIA I. Economic growth real convergence Brazil very long run. |
title_short |
Brazil’s economic growth and real (div)convergence from a very long-term perspective (1822-2019): An historical appraisal |
title_full |
Brazil’s economic growth and real (div)convergence from a very long-term perspective (1822-2019): An historical appraisal |
title_fullStr |
Brazil’s economic growth and real (div)convergence from a very long-term perspective (1822-2019): An historical appraisal |
title_full_unstemmed |
Brazil’s economic growth and real (div)convergence from a very long-term perspective (1822-2019): An historical appraisal |
title_sort |
Brazil’s economic growth and real (div)convergence from a very long-term perspective (1822-2019): An historical appraisal |
author |
DORÉ,NATALIA I. |
author_facet |
DORÉ,NATALIA I. TEIXEIRA,AURORA A.C. |
author_role |
author |
author2 |
TEIXEIRA,AURORA A.C. |
author2_role |
author |
dc.contributor.author.fl_str_mv |
DORÉ,NATALIA I. TEIXEIRA,AURORA A.C. |
dc.subject.por.fl_str_mv |
Economic growth real convergence Brazil very long run. |
topic |
Economic growth real convergence Brazil very long run. |
description |
ABSTRACT The reconstruction of the economic history of Brazil since independence from Portugal (1822) may lead to a new understanding of its economic growth. The deep-rooted idea that Brazil could have done better means there is a need to delve into each phase of its development. In this paper, we provide a very long-run perspective (1822-2019) of Brazil’s economic growth and process of real convergence. On the one hand, this review indicates that structural changes observed in the middle of the 20th century were crucial in promoting the country’s growth and real convergence with technologically advanced countries. On the other hand, poor institutional conditions and deficient human capital formation have emerged since colonial times as critical factors underlying Brazil’s inability to establish robust and sustainable economic growth. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-12-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572022000400934 |
url |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572022000400934 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1590/0101-31572022-3376 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Centro de Economia Política |
publisher.none.fl_str_mv |
Centro de Economia Política |
dc.source.none.fl_str_mv |
Brazilian Journal of Political Economy v.42 n.4 2022 reponame:Revista de Economia Política instname:EDITORA 34 instacron:EDITORA_34 |
instname_str |
EDITORA 34 |
instacron_str |
EDITORA_34 |
institution |
EDITORA_34 |
reponame_str |
Revista de Economia Política |
collection |
Revista de Economia Política |
repository.name.fl_str_mv |
Revista de Economia Política - EDITORA 34 |
repository.mail.fl_str_mv |
||cecilia.heise@bjpe.org.br |
_version_ |
1754122482721226752 |