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From a macroeconomic model derived from a historical-deductive method of tracking trends, Pereira (e...
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From a macroeconomic model derived from a historical-deductive method of tracking trends, Pereira (emeritus, politics and economics, Getúlio Vargas Foundation; a former Brazilian minister of finance), presents a critique of 'surrender to the North' neoliberal reforms that have not had the expected rejuvenating effect on Brazil's economy from 1995 to the present Lula administration. Following a discussion of the country's political interest groups, public debt and public deficit, he proposes a new developmentalism as an alternative to both the Washington-dominated orthodoxy and the old left's economic populism to attain fiscal balance. Annotation ©2009 Book News, Inc., Portland, OR (booknews.com)
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