Belindia Goes to Washington: The Brazilian Economy after the Reforms
This chapter discusses the effects of the reforms on macroeconomic performance, growth, employment, wage differentials, income distribution, and poverty in Brazil. The results are compared with recent evaluations of the effects of the reforms in other Latin American countries. The effects of the debt crisis and the move toward reforms are discussed, followed by an analysis of the growth performance of the Brazilian economy, before and after the reforms. The effects of reforms on the labor market, income distribution, and poverty are examined.
Keywords: Belindia model, economic reform, Brazil, liberalization
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