From semi-stagnation to growth in a sino-centric market

Bibliographic Data

ID4896183
AuthorsAntônio Barros De Castro (0000-0002-0161-7200, Universidade Federal do Rio de Janeiro, corresponding author)
Year2008
Volume28
Issue1
Pages3-27
Publication date2008-03-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueBrazilian Journal of Political Economy (JOURNAL)
Journal identifiersISSN: 0101-3157 • E-ISSN: 1809-4538
PublisherFapUNIFESP (SciELO) (PUBLISHER)
DOI10.1590/s0101-31572008000100001
OpenAlexW2048011764
SCIELO_PIDS0101-31572008000100001
LanguageEN
Citations received15
References cited2

According to recent available information, the Brazilian economy may be entering a cycle of sustained growth. The dominant current interpretation points to the progresses made in terms of monetary stability, Balance of Payments and structural reforms. Indeed, without monetary stability and the commercial opening of the economy, investments would not be increasing and credit growth would not be helping the emergence of millions of new consumers. But these achievements should be taken as generally conditioning, rather than actually shaping the new picture. Some unexpected (not rarely positive) consequences of overcoming the long enduring semi-stagnation, the emergence of China as a major player, and its consequences on the necessary re-structuring of the Brazilian industry, seem to be decisive in the present day redefinition of the Brazilian GDP growth potential

Balance (ability · Balance of payments · China · Current account · Economic stagnation · Economic system · Economics · Exchange rate · International economics · Interpretation (philosophy · Keynesian economics · Macroeconomics · Market economy · Monetary economics · Political science · Politics · Structuring · Economic Theory and Policy · Finance

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