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- Source :
-
Economist . 4/17/1993, Vol. 327 Issue 7807, p19-22. 3p. 2 Black and White Photographs, 3 Graphs. - Publication Year :
- 1993
-
Abstract
- This article speculates on the outcome of the voting on a referendum by Brazilians on April 21, 1993 to decide whether their country should retain its presidential system of government or adopt a parliamentary system. The voting has resulted due to adverse economic conditions prevailing in Brazil. The growth that made inequality tolerable has slowed. While the rest of Latin America was taming inflation and adopting sound fiscal and monetary policies during the 1980s, Brazil continued its profligate ways. Economic mismanagement, encouraged by a fractious and corrupt political system, has helped to double government spending in the past decade and has plunged the formerly robust economy into recession.
Details
- Language :
- English
- ISSN :
- 00130613
- Volume :
- 327
- Issue :
- 7807
- Database :
- Academic Search Index
- Journal :
- Economist
- Publication Type :
- Periodical
- Accession number :
- 9304300116