This article first analyzes the nature of Brazil's modern agribusiness, how it emerged, its relative importance within the economy, and its impact on the country's distribution of wealth and income. It then examines the achievements of the Brazilian government's land reform program, the degree...

This paper analyses the impact of Brazil's devaluation in 1999. This event represents an abandonment of the exchange rate anchor which had been used as a stabilisation plan since the introduction of the Real Plan in 1994. The reasons surrounding the abandonment of the exchange rate anchor are...

It has often been suggested that the trade-off between equity and efficiency can be overcome by achieving both goals sequentially. This article shows how the government of President Lula has tried to follow the latter, by first emphasizing economic orthodoxy, to be followed by measures to...

This article attempts to explain the seeming paradox of a country with a high tax burden and a continually concentrated distribution of income. Using a nonparametric density estimation, it is shown that Brazil does not conform to the characteristics of most countries in terms of income tax and...

Brazil is a country of continental proportions whose gross domestic product is unevenly distributed among its various regions. The impact of general domestic economic policies has often been perceived as not being regionally neutral, but as reinforcing the geographic concentration of economic...

This book compares the successes and failures of the development and growth processes of Argentina and Brazil. It provides important insights into the different performances of these economies through a series of comparative essays written by Argentinian and Brazilian economists.