ABSTRACT
The trends in profit and accumulation rates are key indicators in the analysis of economic crises. These variables account for the trajectories of economic growth and they are conditioned by the functional distribution of income. The deterioration of the macroeconomic conjuncture from 2014, in Brazil, has often been attributed, by mainstream analysis, to the errors inherent in the so-called “new matrix of economic policy”. However, the analysis of profit and accumulation rates, immediately after the impact of the US crisis in Brazil, in 2009, shows the existence of structural factors that are characteristic of the current Brazilian economy, which could not be overcome by countercyclical fiscal and monetary policies.
KEYWORDS:
Profit rate; capital accumulation; development; economic policy; cycles and crises
Fonte: Cálculos próprios. Para o Brasil, dados do IBGE e IPEADATA; para os EUA, o Bureau of Economics Analysis (BEA).
FONTE: Cálculos próprios. Para o Brasil, dados IBGE e IPEADATA; para os EUA, o Bureau of Economics Analysis (BEA).
Fonte: Cálculos próprios com base nos dados das Contas Nacionais do IBGE. Nota: * média do primeiro e segundo trimestres de 2015.
Fonte: Cálculos próprios com base nos dados do IBGE e IPEADATA.
Fonte: Cálculos próprios com base nos dados do IBGE e IPEADATA.
Fonte: Cálculos próprios para o Brasil, IBGE e IPEADATA; para os EUA, o Bureau of Economic Analysis (BEA).
Fonte : Cálculos próprios para o Brasil, IBGE e IPEADATA; para os EUA, o Bureau of Economic Analysis (BEA).
Fonte: Elaboração própria.