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The Three-Year Plan in the context of the US-Brazilian relations (1962-1963)

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  • Felipe Pereira Loureiro

Abstract

The paper analyses the US-Brazilian relations during the formulation and implementation of the Three-Year Plan by the government of João Goulart. The evidence suggests the limited economic assistance offered by the United States to Brazil, driven by political causes, played a major role in the Three-Year Plan’s demise. It is argued that Goulart’s links with the radical left, particularly with groups seen as communists by Washington, was the main reason behind US decision of blocking resources. The conclusions are relevant because scholars have emphasized domestic reasons only to explain the failure of the Three Year Plan. JEL Classification: N16; N46; F59.

Suggested Citation

  • Felipe Pereira Loureiro, 2013. "The Three-Year Plan in the context of the US-Brazilian relations (1962-1963)," Brazilian Journal of Political Economy, Center of Political Economy, vol. 33(4), pages 671-691.
    • Handle: RePEc:ekm:repojs:v:33:y:2013:i:4:p:671-691:id:335
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    More about this item

    Keywords

    economic policy; Three-Year Plan; João Goulart; US-Brazilian relations;
    All these keywords.

    JEL classification:

    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
    • N46 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Latin America; Caribbean
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other

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