Issues and evidence on recent Brazilian economic growth

Estimating the Genuine Progress Indicator (GPI) for Brazil from 1970 to 2010

“…2 A sample of studies that analysed the Brazilian economy during this period is as follows: Malan and Bonelli (1977), Bacha (1977), Valença (1998), Barbosa (1998) The study ranges from 1970 to 2010 and all items are valued in Reais (R$) 3 at 2010 prices. The use of interpolation and average annual growth rates were used wherever there were data shortages.…”

Population Growth and the Distribution of Household Income: The Case of Brazil*

“…Analyses of income distribution in Brazil indicate that the high annual growth rates in GNP recorded in the 1960s were associated with an increase in the con-centration of income during the decade. Although estimates of the degree of change vary according to method and data, a number of studies (Bacha, 1976;Duarte, 1971;Fishlow, 1972;Hoffman, 1975;Langoni, 1973) conclude that the Gini coefficient for Brazil, already among the highest in Latin America in the 1950s (ECLA, 1971), rose substantially during the recent period of economic expansion. According to the demographic census, the ratio of mean incomes of the upper 20 to the bottom 40 percent of the income-earning labor force was about 9 to 1 in 1960 and 12 to 1 in 1970 (Pfeffermann and Webb, 1979).…”

Taiwan's Economic History

“…By 1971, overseas Chinese and other foreign investments were substantial and together amounted to roughly one-seventh of total registered capital (about the same proportion as in Brazil). (Industrial and Commercial Census, 1971: Table 16; Bacha, 1977). Foreign investments, however, are concentrated in electronics, chemicals, and textiles destined for export.…”