The Lula Government’s Economic Policy: The Challenges of Transition and Alternatives for the Future
The adopting of a conservative and drastically orthodox economic, monetary and fiscal policy by the Brazilian government, headed by Luiz Inácio Lula da Silva, who has been in power for more than a year, has been justified by its promoters due to the country’s needs and delicate situation as well as...
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| Format: | Article |
| Language: | Spanish |
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Barcelona Centre for International Affairs (CIDOB)
2004-05-01
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| Series: | Revista CIDOB d'Afers Internacionals |
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| Online Access: | http://www.cidob.org/es/content/download/3447/36629/file/65castanhar.pdf |
| Summary: | The adopting of a conservative and drastically orthodox economic, monetary and fiscal policy by the Brazilian government, headed by Luiz Inácio Lula da Silva, who has been in power for more than a year, has been justified by its promoters due to the country’s needs and delicate situation as well as to the absence of alternatives. In this sense, the author discusses and analyses the following questions in this article: Was the country at the edge of an abyss? Was there a possible alternative to the orthodox policy that was adopted? How, when and at what rate can the initial policy be changed? After underscoring the idea that the Lula Government is functioning, apparently, with a mixture of insecurity and ingenuous optimism, the author asserts the need to make an inexorable, but gradual, shift in the country’s current economic policy. |
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| ISSN: | 1133-6595 2013-035X |