Preprint Article Version 1 This version is not peer-reviewed

The Industrialization of Brazil: An Economical Historical Analysis until Modern Times

Version 1 : Received: 30 September 2024 / Approved: 30 September 2024 / Online: 30 September 2024 (07:48:19 CEST)

How to cite: Montgomery, R. M. The Industrialization of Brazil: An Economical Historical Analysis until Modern Times. Preprints 2024, 2024092364. https://doi.org/10.20944/preprints202409.2364.v1 Montgomery, R. M. The Industrialization of Brazil: An Economical Historical Analysis until Modern Times. Preprints 2024, 2024092364. https://doi.org/10.20944/preprints202409.2364.v1

Abstract

This article provides a comprehensive historical analysis of Brazil's industrialization, tracing its evolution from the 19th century to the present day. It examines key periods and policies that have shaped the nation's economic landscape, beginning with early industrial efforts during the Imperial era and the Old Republic. The analysis delves into the Vargas regime's Import Substitution Industrialization policies, post-war industrial expansion under developmentalism, the military regime's economic strategies during the "Economic Miracle," and the challenges posed by the 1980s debt crisis. The discussion highlights contemporary issues faced in the 21st century, including premature deindustrialization and the complexities during the administrations of Presidents Lula da Silva and Dilma Rousseff. It explores the impact of Operation Lava Jato on industrial development and assesses the ramifications of President Jair Bolsonaro's policies during the COVID-19 pandemic. Central to this exploration is the critical examination of regional disparities, social inclusion efforts, and environmental sustainability initiatives. The article emphasizes that Brazil's most significant challenges lie in persistent inequality and structural racism, which serve as fundamental barriers to economic progress and industrial advancement. It argues that addressing these issues through comprehensive policies focused on education reform, economic inclusion, healthcare access, legal and institutional changes, community development, and cultural recognition is essential. By integrating social justice into economic strategies, Brazil can achieve sustainable and inclusive industrial development, fostering a more equitable and prosperous society.

Keywords

Brazil; Industrialization; Economic development; Inequality; Structural racism; Social inclusion; Lula da Silva; Dilma Rousseff; Jair Bolsonaro; Operation Lava Jato; Environmental sustainability; Regional development; Import Substitution Industrialization; Neoliberal reforms; Sustainable development; Social justice

Subject

Social Sciences, Political Science

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