Neoliberalism, Democracy and Development Policy in Brazil

OpenAlex · İngilizce

This chapter offers a political economy analysis of the two systems of accumulation in the post-war Brazilian economy, import-substituting industrialisation (ISI) and new liberalism, and the industrial policies associated with them 1 .The shift across systems of accumulation has been associated with significant changes in the role, structure, and policies of the Brazilianstate. Section 1 examines the case of ISI, departing from a review of conventional assessments of this system of accumulation and offering an alternative interpretation of its economic and political structures. This section also considers the limitations of ISI and the reasons for its crisis in the eighties. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.