Originally published in 1981, in the periodical preceding Lua Nova and in England the next year (in Gienefil, M. and Godfrey, M., ed., The Struggle for Development - National Stratregies in an International Context. London, Wiley), this article draws a picture of the Brazilian economy from de point of view of the early 80's. The construction and the features of the "brazilian model" as well as the boom of 1968-73 (the "brazilian miracle") are analyzed, and the emergence of a new stage with external factors at the forefront is pointed out. The author holds that the new period would be marked by acute tensions, partly due to the inability of the political system to tackle the economic problems.
Brazilian economy; economy and politics in Brazil; capitalism in Brazil
