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Brazilian Journal of Political Economy

versão impressa ISSN 0101-3157


BARBOSA, Fernando de Holanda  e  BARBOSA FILHO, Fernando de Holanda. Can Brazil repeat the economic miracle?. Rev. Econ. Polit. [online]. 2014, vol.34, n.4, pp.608-627. ISSN 0101-3157.

This article analyze the necessary conditions for Brazilian income per capita to duplicate in a time span of fifteen years, as it happened in the 1970s. Growth accounting is used to identify the sources of growth of Asian countries (China, Hon Kong, Japan, Singapore, South Korea and Taiwan) and Brazil during periods where income per capita has doubled in the past. The main restriction for the Brazilian economy to get back the growth performance of the 1970s is the low rate of investment. To increase this rate requires a substantial increase of the domestic savings rate.

Palavras-chave : duplicating income per capita; growth accounting; Brazilian "miracle"; Asian model.

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