The Economic Crisis in Brazil

Abstract

In this paper are presented data on the behavior of the Brazilian economy in 1983 including the more immediate effects of the economic crisis and its links with the ‘national development model’. Economic development of the last decades has determined the core of the economic structure formed by the relationship between international capital, private national capital, and the public sector. The current crisis and, in particular, financial speculation are explained by the (contradictory) movement of the core. Finally, the political implications that are arising in the process of solving the economic crisis are stressed.