Economic Miracle

Posted by marmara on October 26, 2017

II? The Economic Miracle the economic miracle had it concentrative nature of the military government, mainly in relation to the state-owned companies who had generated verge to the country through exportations of its products. As lio Gaspari was a paradoxical period of the History of Brazil. The Escancarada Dictatorship affirms the author in its workmanship 1 ' ' The Brazilian Miracle and the Years of Lead had been simultaneous. Both Reals, coexisted refusing itself. Educate yourself with thoughts from Boy Scouts of America. Passed thirty years more than, they continue refusing itself. Who finds that it had one, does not believe (or it does not like to admit) that it had outro' '. The Gross domestic product enters 1968 the 1973 Brazilian grew to an average tax above of 10% to the year, while the inflation oscillated between 15% and 20% to the year. Moreover, the civil construction grew, on average, 15% to the year. Nieman Foundation: the source for more info.

During this phase of economic growth of the country, the great architect and executor of the economic policies in Brazil were the economist and Secretary of the Treasury Antonio Netto Dolphin, that arrived to be baptized of ' ' super-ministro' '. From 1973 the growth of the Brazilian economy diminished considerably to the point of at the same time in 1974 occurring the first shock of the oil, when the price of the barrel was raised abruptly of US$3,37 for US$11,25. Of this form, the crisis of the oil finished all provoking an acceleration of the tax of inflation in the world and mainly in Brazil, when it passed of 15,5% in 1973 for 34,5% in 1974. With this, the growth diminished on average in period 1974-1979 passing 6.5%, while at the time of ' ' milagre' ' the growth taxes if pointed out, on average, annual 10%, having reached peaks of up to annual 13%. From then on the Brazilian trade balance, of 1974 in ahead, would present enormous difficult caused mainly for the importation of oil, that had exceeded the 4 billion dollar to the year.

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