Political Economy of the Coup d’État in Brazil
The aim of this paper is to demonstrate that the Brazilian political crisis that culminated in the impeachment of President Dilma Rousseff is not a direct result of the economic crisis, but a consequence of a broad coalition involving business groups, opposition parties and media with influence in...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego
2017-10-01
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| Series: | Problemy Zarządzania |
| Subjects: | |
| Online Access: | https://pz.wz.uw.edu.pl/resources/html/article/details?id=170280 |
| Summary: | The aim of this paper is to demonstrate that the Brazilian political crisis that culminated in the impeachment
of President Dilma Rousseff is not a direct result of the economic crisis, but a consequence
of a broad coalition involving business groups, opposition parties and media with influence in the heart
of the state apparatus. The formation of this conservative character of political coalition was part of
a process to cut off positive results related to the growing role of the state in the economy and its
consequence on employment, labor income and the welfare of Brazilian workers. The economic crisis,
therefore, is an epiphenomenon of the political crisis, in the form of productive lockout (production and
investments) with effect in a growing debt-to-GDP relation, rising inflation, level of unemployment and,
especially, the negative GDP growth. |
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| ISSN: | 1644-9584 2300-8792 |