Growth and industrialization in Brazil: an interpretation in the light of Kaldor's proposals

Vol. 31 No. 1 (2011)

Jan-Mar / 2011
Published January 1, 2011
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Lamonica, Marcos Tostes, and Carmem Aparecida Feijó. 2011. “Growth and Industrialization in Brazil: An Interpretation in the Light of Kaldor’s Proposals”. Brazilian Journal of Political Economy 31 (1):118-38. https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/395.

Growth and industrialization in Brazil: an interpretation in the light of Kaldor's proposals

Marcos Tostes Lamonica
Doutorando de Economia da UFF, bolsista da Capes e professor bolsista da Faculdade de Administração da UFF — Campus Itaperuna.
Carmem Aparecida Feijó
Professora da UFF, bolsista de produtividade do CNPq.
Brazilian Journal of Political Economy, Vol. 31 No. 1 (2011), Jan-Mar / 2011, Pages 118-138

Abstract

In this paper, based on the writings of Kaldor and his followers, we compare two phases of Brazilian economic growth, one showing fast growth rate and other with lack of growth. Our aim is to analyze the Brazilian economic behavior in the last 40 years, pointing out economic policy intervention, structural change, foreign trade and capital flows as determinants to account for gross product development path performance. Our aim is to shed some light on which is the potential rate of growth of the Brazilian economy nowadays, considering its historical growth path and recent structural changes in the industrial sector.

JEL Classification: F41; O11.


Keywords: economic growth exprots industrialization international liquidity