The paper focuses some of the non-monetary structural causes of inflationary persistence in Brazil in the post-Real plan period. A connection is made between the de-industrializing trend and the emergence of primary pressures that set a floor to inflation levels. The framework is set up in terms...

The paper analyzes some of the structural causes of inflationary persistence in Brazil in the post-Real plan period, in contrast to the Brazilian Central Bank’s view on the causes of inflation, particularly in what concerns its inertial component. It begins with a historical perspective on the...

This article examines the distribution of land ownership in the northeastern part of the state of São Paulo, Brazil, the leading coffee export region in the world during the early twentieth century. Based on a detailed agricultural census, we find a widespread presence of small and medium-size...

This paper presents a long-run analysis of industrial growth and structural change in Brazil, from the coffee export economy in the nineteenth century to the present day. We focus on Brazil’s high economic growth in most of the twentieth century and the disruption caused by the collapse of...

The first half of the 1960s was a hallmark in the process of nationalization of the electric power sector in Brazil. The Brazilian State raised its participation in terms of installed capacity from 6.8% in 1952 to more than 54% in 1965. After the Second World War, the demand for energy in Brazil...