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A01=Bernardo Mueller
A01=Carlos Pereira
A01=Lee J. Alston
A01=Marcus Andre Melo
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Author_Bernardo Mueller
Author_Carlos Pereira
Author_Lee J. Alston
Author_Marcus Andre Melo
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Princeton University Press
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Product details

  • ISBN 9780691162911
  • Weight: 539g
  • Dimensions: 152 x 235mm
  • Publication Date: 24 May 2016
  • Publisher: Princeton University Press
  • Publication City/Country: US
  • Product Form: Hardback
  • Language: English
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Brazil is the world's sixth-largest economy, and for the first three-quarters of the twentieth century was one of the fastest-growing countries in the world. While the country underwent two decades of unrelenting decline from 1975 to 1994, the economy has rebounded dramatically. How did this nation become an emerging power? Brazil in Transition looks at the factors behind why this particular country has successfully progressed up the economic development ladder. The authors examine the roles of beliefs, leadership, and institutions in the elusive, critical transition to sustainable development. Analyzing the last fifty years of Brazil's history, the authors explain how the nation's beliefs, centered on social inclusion yet bound by orthodox economic policies, led to institutions that altered economic, political, and social outcomes. Brazil's growth and inflation became less variable, the rule of law strengthened, politics became more open and competitive, and poverty and inequality declined. While these changes have led to a remarkable economic transformation, there have also been economic distortions and inefficiencies that the authors argue are part of the development process. Brazil in Transition demonstrates how a dynamic nation seized windows of opportunity to become a more equal, prosperous, and rules-based society.
Lee J. Alston is the Ostrom Chair, professor of economics and law, and director of the Ostrom Workshop at Indiana University, as well as research associate at the NBER. Marcus Andre Melo is professor of political science at the Federal University of Pernambuco, Brazil. Bernardo Mueller is professor of economics at the University of Brasilia. Carlos Pereira is professor of political science at the Brazilian School of Administration at the Getulio Vargas Foundation, Rio de Janeiro.

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