From the 'miracle' to the 'lost decade' : intersectoral transfers and external credit in brazilian economy
By: GRINBERG, Nicolas
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ArticlePublisher: São Paulo : Editora 34, abr./jun. 2008Revista de Economia Política = Brazilian Journal of Political Economy 28, 2, p. 291-311Abstract: The present paper examines the Brazilian experience from the Economic Miracle to the Lost Decade. Its aim is to advance an alternative measurement of the flows of extraordinary wealth (i.e. ground-rent and net external credit) available for appropriation in the Brazilian economy and to asses their relevance in sustaining the process of accumulation of industrial capital. That is done in order to provide further and more accurate evidence to the claim that the evolution of the Brazilian process of capital accumulation has been extremely dependent on the evolution of those masses of extraordinary wealth
The present paper examines the Brazilian experience from the Economic Miracle to the Lost Decade. Its aim is to advance an alternative measurement of the flows of extraordinary wealth (i.e. ground-rent and net external credit) available for appropriation in the Brazilian economy and to asses their relevance in sustaining the process of accumulation of industrial capital. That is done in order to provide further and more accurate evidence to the claim that the evolution of the Brazilian process of capital accumulation has been extremely dependent on the evolution of those masses of extraordinary wealth
v. 28, n. 2(110)
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