Brazil as an emerging economy: A new economic miracle?

Edmund Amann, Werner Baer

Research output: Contribution to journalArticlepeer-review


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 languageEnglish (US)
Pages (from-to)412-423
Number of pages12
JournalRevista de Economia Politica
Issue number3
StatePublished - Jul 2012


  • Equity
  • Exchange rate
  • Growth
  • Infrastructure
  • Investment

ASJC Scopus subject areas

  • General Economics, Econometrics and Finance
  • Political Science and International Relations
  • Sociology and Political Science


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