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.
CITATION STYLE
Amann, E., & Baer, W. (2012). Brazil as an emerging economy: A new economic miracle? Revista de Economia Politica, 32(3), 412–423. https://doi.org/10.1590/S0101-31572012000300004
Mendeley helps you to discover research relevant for your work.