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Macroeconomic Policy, Growth and Income Distribution in the Brazilian Economy in the 2000s

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  • Franklin Serrano
  • Ricardo Summa
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    Abstract

    The Brazilian economy grew by 4.2 percent annually from 2004-2010, more than double its annual growth from 1999-2003 or indeed its growth rate over the prior quarter century. This growth was accompanied by a significant reduction in poverty and extreme poverty, especially after 2005, as well as reduced inequality. This paper looks at the combination of external changes and changes in macroeconomic policy that contributed to these results.

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    File URL: http://www.cepr.net/documents/publications/brazil-2011-06.pdf
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    Bibliographic Info

    Paper provided by Center for Economic and Policy Research (CEPR) in its series CEPR Reports and Issue Briefs with number 2011-13.

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    Length: 31 pages
    Date of creation: Jun 2011
    Date of revision:
    Handle: RePEc:epo:papers:2011-13

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    Keywords: brazil; economy;

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    1. Bresser Pereira,Luiz Carlos, 2010. "Globalization and Competition," Cambridge Books, Cambridge University Press, number 9780521196352, October.
    2. Nelson Barbosa-Filho, 2008. "Inflation targeting in Brazil: 1999-2006," International Review of Applied Economics, Taylor & Francis Journals, vol. 22(2), pages 187-200.
    3. Nelson H Barbosa-Filho, 2005. "Estimating potential output: a survey of the alternative methods and their applications to Brazil," Macroeconomics 0503003, EconWPA.
    4. Frenkel, Roberto, 2012. "Lecciones de politica macroeconómica para el desarrollo, a la luz de la experiencia del pasado decenio," El Trimestre Económico, Fondo de Cultura Económica, vol. 0(313), pages 5-49, enero-mar.
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