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Neoliberalism and its Consequences in Brazil

Published online by Cambridge University Press:  13 December 2002

EDMUND AMANN
Affiliation:
Edmund Amann is Lecturer in Development Economics the School of Economic Studies, University of Manchester.
WERNER BAER
Affiliation:
Werneer Baer is Professor of Economics at the University of Illinois at Urbana-Champaign.

Abstract

This article examines the impact of a decade of neoliberal policies on poverty and income distribution in Brazil. It demonstrates that while trade and market reform contributed towards the attainment of price stability and accelerated capital inflows, little was achieved by way of reducing income inequality and poverty. The article concludes by outlining the policy options which might be adopted to tackle this critical problem.

Type
Research Article
Copyright
© 2002 Cambridge University Press

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Footnotes

The authors wish to thank Hadi Esfahani and Tiago Cavalcanti for many useful comments.