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Who Pays for Brazil's “Economic Miracle”?

Published online by Cambridge University Press:  06 September 2018

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Extract

Although there are minor technical disagreements about the exact rate of economic growth in Brazil, few dispute that it has been very high, far above that of the years immediately before the 1964 coup and far above the average of other Latin American countries during the same period. The rate of growth, plus the political stability achieved by coercive and other means since 1969, has made Brazil something of a model for conservatives elsewhere. Before the September, 1973, coup I visited Chile twice and often heard the expression “the Brazilian miracle” or “the Brazilian model” used by the old Chilean elites dissatisfied with the equalitarian policies of Salvador Allende.

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Copyright
Copyright © Carnegie Council for Ethics in International Affairs 1975

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