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vol.23 número1MÚLTIPLO EMPREGO NO BRASIL: UMA ANÁLISE DA OFERTA DE TRABALHO USANDO DADOS DA PNADGEOPOLÍTICA TRIBUTÁRIA:A APROPRIAÇÃO HISTÓRICO-SOCIAL DO ESPAÇO E O IMPOSTO SOBRE O VALOR ADICIONADO índice de autoresíndice de assuntospesquisa de artigos
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Revista de Economia Contemporânea

versão impressa ISSN 1415-9848versão On-line ISSN 1980-5527

Resumo

SICSU, João. BRAZIL: IT'S A DEPRESSION, IT WAS NOT A RECESSION. Rev. econ. contemp. [online]. 2019, vol.23, n.1, e192312.  Epub 15-Abr-2019. ISSN 1980-5527.  https://doi.org/10.1590/198055272312.

The purpose of this article is to characterize the current Brazilian economic situation and make its datation. Nowadays, Brazil has the main characteristics of the depressions of the 1870s and 1930s. During those events there was a sharp fall in output, a high unemployment rate and a prolonged insufficiency of demand. Brazil, since the end of 2013 and during the year 2014, presented the first signs of a recession that could slide off into depression. By 2015, it plunged into depression. Depression is an abnormal condition of an economy. A recession would be a normal economic condition.

Palavras-chave : Brazilian economy; depression; Keynesian economics.

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