Brazil's recent growth has been intensely pro-poor, and both poverty and inequality have declined significantly in the last decade. It has been suggested that Brazil's unexpected successes are the outcome of a new model of development. The paper argues that Brazil's unique combination of...

Brazil.s recent growth has been intensely pro-poor, and both poverty and inequality have declined significantly in the last decade. It has been suggested that Brazil.s unexpected successes are the outcome of a new model of development. The paper argues th

It has been suggested that Brazil’s unexpected successes in the last two decades are the outcome of a new model of development, with strong inclusive growth at its core. The paper reviews the main findings of the IRIBA research programme examining the contribution of macroeconomic stability...