Brazil’s new economic policy

The article presents a critical analysis of the main economic programs adopted in Brazil in the first year and a half of Lula da Silva's rule (2023 – the first half of 2024), and which will determine the country's development strategy for the next decade. Particular attention is paid to diagnosing the current state of industry and infrastructure in Brazil, analyzing the causes of deindustrialization, assessing the opportunities and risks of strengthening the role of the state in the modernization of industry and the implementation of large-scale infrastructure projects. The success of new development programs and their geopolitical impact will depend on the effectiveness of public resource management, improved planning and implementation of projects, and increased interaction and control at the federal and sub-regional levels.

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Publication Details

Journal
Latinskaia Amerika
Published
2024-10-17
DOI
https://doi.org/10.31857/s0044748x24100019
Citations
1
Primary Topic
Economic Theory and Policy
Type
article
Field-Weighted Citation Impact
0.83
Controls
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article

Brazil’s new economic policy

Ludmila N. Simonova, Е Г Пономарев
1 citations
Latinskaia Amerika
Economic Theory and Policy
0.83
article

Brazil’s new economic policy

Ludmila N. Simonova, Е Г Пономарев
article en
1 citations

Abstract

The article presents a critical analysis of the main economic programs adopted in Brazil in the first year and a half of Lula da Silva's rule (2023 – the first half of 2024), and which will determine the country's development strategy for the next decade. Particular attention is paid to diagnosing the current state of industry and infrastructure in Brazil, analyzing the causes of deindustrialization, assessing the opportunities and risks of strengthening the role of the state in the modernization of industry and the implementation of large-scale infrastructure projects. The success of new development programs and their geopolitical impact will depend on the effectiveness of public resource management, improved planning and implementation of projects, and increased interaction and control at the federal and sub-regional levels.

Latinskaia Amerika(10)
Latin American Institute (RU)
Industry, innovation and infrastructure
Openalex Percentile: Top 22%
Economic Theory and Policy
0.83
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