Vol. 4 No. 4 (1984)
Oct-Dec / 1984
Published October 1, 1984
How to Cite
Serra, José. 1984. “The Economic Crisis and the Scourge of Unemployment”. Brazilian Journal of Political Economy 4 (4):315-34. https://doi.org/10.1590/0101-31571984-4005.
The economic crisis and the scourge of unemployment
Abstract
In its first part this paper presents a detailed description of the main characteristics
of the actual Brazilian economic crisis, focusing on its effects on the industrial output, on
investment and employment. Afterwards, the unemployment question is analysed in detail,
including the discussion of various types of existing unemployment, the way through which
they develop in Brazil, the aggravation of the unemployment problem from 1981, and finally,
the author presents the prospects for the next years. José Serra concludes finally that there is
a necessity for a deep change in the economic policy and shows the principal aspects of an
economic strategy that will favour the reduction of unemployment levels.
JEL Classification: J21; O15.
Keywords: Economic growth unemployment industrial production