Lula's political economy : changes and challenges
By: PAIVA, Paulo
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ArticlePublisher: Thousand Oaks : SAGE, July 2006The Annals of The American Academy of The Political and Social Science 606, p. 196-215Abstract: Promoting sustainable economic growth with social inclusion represents a challenge for Luiz Inácio Lula da Silva, the former metalworker and leader of the socialist Workers Party, who won the Brazilian presidency his fourth try. The election of Lula has raised expectations at home and abroad. Although the government scored impressive fiscal victories by following ultra-orthodox macroeconomic policies, its performance in achieving economic growth and social improvement has been less than brilliant. Written in February 2004 to assess his first year in office, this article examines the challenges that Lula initially had to overcome and outlines the main points of his political economy. By the end of the first year, few great changes had taken place, except perhaps in his political partys manner of governing. Early in Lulas presidency, his policies were quite similar to those of earlier governments.
Promoting sustainable economic growth with social inclusion represents a challenge for Luiz Inácio Lula da Silva, the former metalworker and leader of the socialist Workers Party, who won the Brazilian presidency his fourth try. The election of Lula has raised expectations at home and abroad. Although the government scored impressive fiscal victories by following ultra-orthodox macroeconomic policies, its performance in achieving economic growth and social improvement has been less than brilliant. Written in February 2004 to assess his first year in office, this article examines the challenges that Lula initially had to overcome and outlines the main points of his political economy. By the end of the first year, few great changes had taken place, except perhaps in his political partys manner of governing. Early in Lulas presidency, his policies were quite similar to those of earlier governments.
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