Abstract
This article shows that abundant resources and blind faith in an optimistic future cannot result in sustainable growth in Brazil. There are great deficiencies in various areas which make sustained high growth rates almost impossible to achieve, such as the low investment ratio, deficiencies in creating human capital, high interest rates leading to an uncompetitive exchange rate and a lack of infrastructural development.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 412-423 |
| Number of pages | 12 |
| Journal | Revista de Economia Politica |
| Volume | 32 |
| Issue number | 3 |
| DOIs | |
| State | Published - Jul 2012 |
Keywords
- Equity
- Exchange rate
- Growth
- Infrastructure
- Investment
ASJC Scopus subject areas
- General Economics, Econometrics and Finance
- Political Science and International Relations
- Sociology and Political Science