The Growth Commission’s reports identify the ingredients that, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty. The Commission, consisting of 19 experienced leaders and 2 Nobel prize-winning economists, has released several commission reports, thematic volumes, and background working papers. The spring 2010 volume is the final book from the Commission. The Commission is succeeded by The Growth Dialogue.
(World Bank, Washington, DC, 2009)
Werneck, Rogério L. F.
This paper keeps an eye on the big picture and follows the long‐lived virtuous circle that, beginning in the mid‐1990s, led to the very successful setting up of a modern macroeconomic policy framework in Brazil, after a decade‐long effort involving four presidential terms. It is an eventful and far from linear history that calls attention to the role of leadership and the complex learning processes that may be involved in the improvement of the quality of economic policy.
(World Bank, Washington, DC, 2008)
Cardoso, Fernando Henrique; Graeff, Eduardo
Brazil grew 2.4 percent per year on
average in the last 25 years-somewhat less than Latin
America, a good deal less than the world, far less than the
emerging countries of Asia in the same period, and indeed
far less than Brazil itself in previous decades. If anything
stands out favorably in recent Brazilian experience, it is
not growth but stabilization and the successful opening of
the economy. The purpose of this paper is more modest. It is
limited to setting out the authors' particular view of recent
efforts to consolidate democracy in Brazil while controlling
inflation and resuming economic growth. At the same time the
paper presents, as objectively as possible, some thoughts on
the limits but also the relevance of action by political
leaders to set a course and circumvent obstacles to that
process. Here and there, the paper refers to the experiences
of other Latin American countries, especially Argentina,
Chile, and Mexico, not to offer a full fledged comparative
analysis but merely to note contrasts and similarities that
may shed light on the peculiarities of the Brazilian case
and suggest themes for a more wide-ranging exchange of views.