The Financialization of Health and Education and Inequality in Twenty-first Century Brazil
Bibliographic Data
| ID | 4934553 |
|---|---|
| Authors | Pedro Bação (0000-0002-3340-1068, University of International Business and Economics), Diogo Mazeron (University of International Business and Economics), Marta Simões (0000-0003-1046-2551, University of International Business and Economics) |
| Year | 2023 |
| Volume | 50 |
| Issue | 5 |
| Pages | 47-66 |
| Publication date | 2023-09-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Latin American Perspectives (JOURNAL) |
| Journal identifiers | ISSN: 0094-582X • E-ISSN: 1552-678X |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0094582x231203206 |
| OpenAlex | W4388480589 |
| Language | EN |
| References cited | 26 |
Brazil is often cited for its high levels of inequality. Despite some success in reducing this inequality during the Partido dos Trabalhadores (Workers' Party-PT) period, the rise of Jair Bolsonaro as Brazil's president threatened to reverse this trend as he actively sought to promote policies that would lead to greater financialization of the Brazilian economy. In recent years, several studies have shown that the financialization of the economy as a whole can lead to a rise in inequality, but the financialization of the health and education sectors has not been of particular interest to researchers and government officials. An empirical analysis of the pattern of income inequality in twenty-first-century Brazil paying particular attention to the potential impact of the financialization of health and education sectors on this process shows a correlation between greater financialization (especially in the health sector) and an increase in income inequality. O Brasil é frequentemente destacado pelos seus níveis elevados de desigualdade. Apesar de algum progresso na redução da desigualdade durante o período de governação do PT, a tomada de posse como presidente de Jair Bolsonaro ameaça reverter esta trajetória, nomeadamente via o apoio a uma maior financeirização da economia. Nos últimos anos, vários estudos mostraram que a financeirização da economia como um todo pode conduzir ao aumento da desigualdade. Porém, a financeirização dos setores da saúde e da educação não tem sido alvo de interesse particular. Uma análise empírica do comportamento da desigualdade no Brasil no séc. XXI salientando o potencial impacto da financeirização da saúde e da educação, sugere que uma maior financeirização, em particular do setor da saúde, está associada a um aumento da desigualdade na repartição do rendimento no Brasil
Development economics · Economics · Financialization · Inequality · Market economy · Political science · Economic Theory and Policy · Housing, Finance, and Neoliberalism · Income, Poverty, and Inequality · Mathematics
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| Highly cited | No |
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