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Inherited Underdevelopment?

In: Not Paying the Rent

Author

Listed:
  • Edgar Federzoni dos Santos

    (Leipzig University
    University of Vienna)

  • Neil Wilcock

    (Leipzig University)

Abstract

This chapter explores the possible path-dependent factors for progress and its obstacles in Brazil. Between the sixteenth and nineteenth centuries, various phenomena, policies, and economic choices caused a non-linear Brazilian developmental history. The colonial structures were a rational choice to curb a national-wide development. The settlers were not interested in creating long-lasting benefits for the people living in those southlands. Political will establish a state class comprised of rentiers that monopolised the official economy and its spoils. Such rentiers were installed as soon as the country started being populated. They remained in place and powerful and affected the country’s capacity to fulfil its economic potential, outliving in the modern eras the Ancien Régime that created them.

Suggested Citation

  • Edgar Federzoni dos Santos & Neil Wilcock, 2021. "Inherited Underdevelopment?," Springer Books, in: Neil Wilcock & Edgar Federzoni dos Santos (ed.), Not Paying the Rent, chapter 0, pages 23-40, Springer.
  • Handle: RePEc:spr:sprchp:978-3-030-78861-2_2
    DOI: 10.1007/978-3-030-78861-2_2
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