The Washington consensus in Brazil: conservative stabilization and stagnation

Since the 1970s, several Latin American countries have started to adhere to economic policies stemming from neoliberal thinking, starting in Chile, with a greater degree of “experimentation” and in the midst of a dictatorship. Subsequently, mainly after the production of the document entitled “Washi...

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Detalles Bibliográficos
Autores: Carretoni Vaz, Vinícius Rezende, Merlo, Edgard Monforte
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2021
País:Brasil
Institución:Universidade Estadual Paulista (UNESP)
Repositorio:Revista Aurora (Online)
Idioma:portugués
OAI Identifier:oai:ojs.revistas.marilia.unesp.br:article/10334
Acceso en línea:https://revistas.marilia.unesp.br/index.php/aurora/article/view/10334
Access Level:acceso abierto
Palabra clave:Neoliberalism
Washington Consensus
Macroeconomics
Economic Stagnation
Neoliberalismo
Consenso de Washington
Macroeconomia
Estagnação Econômica
Descripción
Sumario:Since the 1970s, several Latin American countries have started to adhere to economic policies stemming from neoliberal thinking, starting in Chile, with a greater degree of “experimentation” and in the midst of a dictatorship. Subsequently, mainly after the production of the document entitled “Washington Consensus”, this economic thought passes through an emperor in the region. Brazil, unlike Chile, was one of the last countries to practice policies based on this thought and only after the democratization process, which leads us to a question of what are the consequences of the Washington consensus in Brazil. Among the hypotheses, we have the stabilization of specific macroeconomic indices and greater economic openness. This article aims to detail the reflexes of adherence to neoliberalism in economic policy and affect these Brazilian policies.