Cycles and structural changes in the post-war Brazilian economy
Abstract
The objective of this essay is to describe and analyze the main trends and transformations
in the Brazilian economy in the period following the Second World War. The first
part briefly outlines the basic antecedents of Brazilian economic growth in recent decades, as
well as the main structural problems that are present today. It also suggests the fundamental
characteristics that result from the presence of two key players in the Brazilian economic
scenario: the State and transnational corporations. The Second Part describes the major cycles
observed in the post-war period, analyzing the factors and conditions that explain the
main turning points or phases. The last section outlines the main characteristics of the recent
evolution of the Brazilian economy, as well as the conditions for an alternative development
strategy. This is followed by a second part in the next issue.
JEL Classification: O40; O47; N16; O14.
Keywords: Economic growth transnationals economic cycles State industrialization economic history of Brazil