Underdevelopment and Development in Brazil: Volume II

First published in 1982, this work builds on the detailed economic history of Brazil in its companion volume: "Economic Structure and Change, 1822-1947", assessing and challenging the established interpretations. The book covers in depth the causes of the Northeast’s poor economic experience and the emergence of significant regional inequality in Brazil’s development. In his analysis of the role of Government in Brazil’s economic development, the author offers a fresh perspective on the importance of public finance constraints and on the tensions between centralisation and federalism.