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The economic history of Brazil covers various economic events and traces the changes in the Brazilian economy over the course of the history of Brazil. Portugal , which first colonized the area in the 16th century, enforced a colonial pact with Brazil, an imperial mercantile policy, which drove development for the subsequent three centuries. [ 1 ]
This is a timeline of Brazilian history, comprising important legal and territorial changes and political events in Brazil and its predecessor states. To read about the background to these events, see History of Brazil .
By the early 1980s, Brazil had the tenth-largest gross national product in the world. [8] However, Netto's economic plan also created many setbacks. First, the reliance on foreign capital meant that between 1964 and 1973, Brazil's external debt would quadruple, going from US$3.1 billion to US$12.5 billion.
Brazil: The Once and Future Country (2nd ed. 1998), an interpretive synthesis of Brazil's history. Fausto, Boris, and Arthur Brakel. A Concise History of Brazil (Cambridge Concise Histories) (2nd ed. 2014) excerpt and text search; Garfield, Seth. In Search of the Amazon: Brazil, the United States, and the Nature of a Region. Durham: Duke ...
2014 Brazilian economic crisis: Also known as the "great Brazilian recession", it was marked by two consecutive years of recession and a very slow recovery. The economic crisis led to a political one which, with other factors, culminated in the impeachment of Dilma Rousseff. The fiscal crisis was not an explicit cause of her impeachment. [18 ...
Only a couple of months until the elections, the frontrunner is behind bars and the economic agenda of the next government is anyone’s guess. Brazil's economy: Why I was wrong to be an optimist ...
The following is a timeline of the Brazilian economic stabilization plans in the "new Republic" (post-military dictatorship) era, a period characterized by intense inflation of the local currency, exceeding 2,700% in the period of 1989 to 1990.
Its GDP surpassed that of the United Kingdom in 2012, temporarily making Brazil the world's sixth-largest economy. However, Brazil's economic growth decelerated in 2013 [34] and the country entered a recession in 2014. The economy started to recover in 2017, with a 1% growth in the first quarter, followed by a 0.3% growth in second quarter ...