The neo-liberal paradigm and the brazilian economy in the globalization context

Abstract

The combination of the economic transformations in the international environment and the economic crisis, has forced internally in Brazil the adoption of structural and liberizing reforms required by multilateral organisms. On the contrary of what was hoped by policy makers, they were not able to improve the competitive development of the national industry, allow the retaking of the economic growth, or break the historic regressive tendency of the Brazilian distributive profile. On the contrary, they implied an exagerated unbalance of the Brazilian external debt, turning the country vulnerable to changeable international financial market, with negative reflexes upon the economic activities and the work market.