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- W73014915 abstract "During the last decade the Brazilian agricultwe has grOWl1 at an annual rate of 3.2 percent. This certainly represented a slowdown in comparison with the 5.6 percent registered during the 1970s, and may be considered a disappointing performance for a countJy which has such an immense territ01y and natural resources, and aimed to become the bread-basket of the world. However, in the context of the 198Os, characterized by a sharp deceleration of the countJy's economic growth and by the overall deterioration of the macroeconomic situation, the performance of agriculture in Brazil was considered remarkable by most analysts (Goldin & Rezende, 1993; Gasques & Villa Verde, 1990; FAO, 1992). Agriculture growth was not steady throughout the decade. An examination of year by year results shows wide fluctuations in the levei of output, which fell drastically in some years just to recover even more impressively in a subsequent period. Even though weather can be held responsible, at least in part, for crop failures in some years such as 1986 and 1990, as well as for exceptionally good crop results in others (1985, 1987), economic variables or considerations are of no less importance to explain the succession of boom and crisis of agricultural production. A simple examination of the data on purchase of variable inputs (fertilizers, pesticides and improved seeds) as well as on purchase of new machinety and other fixed capital goods, shows that changes in output leveIs were not merely random, but responded also to producers decisions to expand cultivated areas in some years and contract it in others. Stagnation, growth and crisis of Brazilian agriculture during the 1980s show that performance of agriculture was highly affected by the overall economic environment, whose striking feature was the growing economic, institutional and political instability. During the 1980s, Brazilian economy has undergone alI types of stabilization and adjustment programmes, from the traditional IMF recommended package for balance of payment adjustment adopted in 1982 to the purely heterodox Cruzado Plan experience in 1986, not to mention the heterodoxy cum orthodoxy Bresser Plan of 1987, the short-lived Summer Plan in 1988, and finally the Collor Plan in 1990, which troze and confiscated financiaI assets and bank accounts and subsequently adopted typical WBIIMF structural adjustment" @default.
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- W73014915 date "1994-10-01" @default.
- W73014915 modified "2023-09-23" @default.
- W73014915 title "Structural adjustment and agriculture in Brazil: the experience of the 1980's" @default.
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