Brazil as an emerging economy: a new economic miracle?

Revista de Economia Política

Edmund Amann²  Werner Baer¹ 

[1] ,University of Manchester

关键词: growth;    infrastructure;    investment;    exchange rate;    equity;   

DOI  :  10.1590/S0101-31572012000300004

来源: SciELO

【 摘 要 】

This article shows that abundant resources and blind faith in an optimistic future cannot result in sustainable growth in Brazil. There are great deficiencies in various areas which make sustained high growth rates almost impossible to achieve, such as the low investment ratio, deficiencies in creating human capital, high interest rates leading to an uncompetitive exchange rate and a lack of infrastructural development.

【 授权许可】

CC BY   
 All the contents of this journal, except where otherwise noted, is licensed under a Creative Commons Attribution License