Abstract
The following article aims to expose the reasons behind the failure of Dilma Rousseff’s government’s economic policy, seeking as it did to implement developmental strategies such as the Plano Brasil Maior [Greater Brazil Plan], which aimed to keep GDP growth high while maintaining the policy to reduce social inequality. Our hypothesis is that although national and international economic factors determined the strategy’s failure, the lack of consistency in the economic policy adopted was also a factor, which sought to use developmental tools in a highly conservative manner and abandoned them in the face of emerging fiscal and inflationary pressures, which were highly overvalued by the representatives of financial capital. Although Rousseff’s government attempted to challenge the interests of financial capital, it swiftly backed down and abandoned policies based on the growth of public investment and increased consumption. It therefore failed to achieve the benefits of accelerated development and the monetary stability so lauded by the financial sectors and their associates within the business sector.
Highlights
Résumé Cet article entend exposer les raisons de l’échec de la politique économique du gouvernement de Dilma Rousseff, qui avait essayé de mettre en œuvre des stratégies développementistes, à l’instar du programme « Plano Brasil Maior », visant le maintien de taux élevés de croissance du PIB, et de poursuivre en parallèle une politique de réduction des inégalités sociales
A pretensa nova matriz significou a ampliação de alguns mecanismos que o Governo Lula utilizou para responder a crise de 2008 e o baixo crescimento do país, em 2009, colocando a economia em marcha forçada, isto é, respondendo à crise recessiva mundial com políticas expansionistas, principalmente políticas de crédito e investimentos
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Summary
Resumo O artigo pretende expor as razões do fracasso da estratégia da política econômica do governo de Dilma Roussef, especialmente o primeiro, que buscou implementar estratégias desenvolvimentistas, como o "Plano Brasil Maior", que visava manter taxas elevadas de crescimento do PIB e, ao mesmo tempo, manter a política de redução das desigualdades sociais. Resumen El artículo pretende exponer las razones del fracaso de la política económica del gobierno de Dilma Rousseff, que buscaba implementar estrategias desarrollistas, como el Plano Brasil Maior, un programa que tenía como objetivo mantener un alto índice de crecimiento del PIB y, al mismo tiempo, continuar con la política de reducción de las desigualdades sociales. También fue relevante la falta de consistencia de la política económica adoptada, que buscó utilizar herramientas desarrollistas de manera muy tímida y las abandonó cuando surgieron presiones fiscales e inflacionarias, altamente sobrevaloradas por los representantes del capital financiero. Between Neo-developmentalism and orthodoxy: Economic policy under Dilma Rousseff’s government
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