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Brazilian Politicians and Neoliberalism: Mapping Support for the Cardoso Reforms, 1995–1997

Published online by Cambridge University Press:  02 January 2018

Timothy J. Power
Timothy J. Power*
Affiliation:
Louisiana State University, Baton Rouge, University of Brasilia
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Extract

Brazil is changing rapidly under President Fernando Henrique Cardoso. Cardoso’s watershed election in October 1994 allowed Brazil to resume the agenda of neoliberal economic reform first initiated by the disgraced former president, Fernando Collor de Mello, who was impeached in 1992. The size of Cardoso’s electoral majority, the breadth of the party coalition that backed him, and the consistently neoliberal programmatic content of his legislative agenda in 1995 and 1996 signified to many observers that Brazil was embarking on a fundamental transformation of its political economy. To call this a “paradigm shift” or the “adoption of a new development model” may not be hyperbole: after fits and starts in the early 1990s, Brazil under Cardoso appears to be definitively abandoning the dirigiste, import-substituting model of the past 60 years in favor of a model based on market reforms and a drastic reduction in the role of the state.

Type
Research Article
Information
Journal of Interamerican Studies and World Affairs , Volume 40 , Issue 4 , Winter 1998 , pp. 51 - 72
Copyright
Copyright © University of Miami 1998

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