Acessibilidade / Reportar erro

Saída para a crise tem mão dupla1 1 Este texto atualiza as análises em Bacha (2013) e Bacha (2016).

Abstract

The current Brazilian recession is worrisome, but even more so is the country's very slow economic growth over the last 35 years. The causes are multiple, but a frequently ignored one is emphasized here, namely, Brazil's extremely feeble participation in world trade. This paper proposes a program to integrate the country into the international productive chains, based on three pillars: reduction of the so-called Brazil-cost, substitution of competitive exchange rates for import tariffs, and trade deals.

Keywords:
Crisis; Growth; Integration; Brazil

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