Peripheral countries usually encounter significant economic problems as a result of external factors. Brazil is an example, since its economy has always been extremely affected by international crises. The external debt crisis of the 1980s and the ?financial globalisation? crisis in the 1990s...

Although the 21stcentury has just begun, it is already possible to notice important differences from the precedent decade’s standard in the Brazilian economy. More precisely, from 2003 onwards, Brazil is passing through an incipient process of income distribution that is still modest to...