Public finance in the “Estado Novo”, 1937-45

Vol. 10 No. 2 (1990)

Apr-Jun / 1990
Published April 1, 1990
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Coutinho, Mauricio C., and Tamás Szmrecsányi. 1990. “Public Finance in the ‘Estado Novo’, 1937-45”. Brazilian Journal of Political Economy 10 (2):209-23. https://doi.org/10.1590/0101-31571990-0527.

Public finance in the “Estado Novo”, 1937-45

Mauricio C. Coutinho
Instituto de Economia da Universidade Estadual de Campinas, UNICAMP/SP, São Paulo, Brasil.
Tamás Szmrecsányi
Brazilian Journal of Political Economy, Vol. 10 No. 2 (1990), Apr-Jun / 1990, Pages 209-223

Abstract

State intervention in the economy and governmental public policies are usually
regarded in peripherical economies as one of the main factors in the development process.
According to most historians, the period of the Estado Novo had a great importance in the
recent evolution of the Brazilian economy, representing a turning point from the primary-export
system to the present one, based on the industrial sector and the internal market. The
article intends to test these hypotheses in quantitative and qualitative terms, by comparing
the evolution of Brazilian public finance between 1938 and 1945 with the previous and the
ulterior eight-year periods (from 1930 to 1937, and from 1946 to 1953).

JEL Classification: N46; N16; H16.


Keywords: Economic history of Brazil Estado Novo Vargas public budget