1945

The evolution of economic policy in Brazil and Chile

Brazil’s economic policy during the ten-year period under review is divided into two characteristic phases. The first, beginning after two years of somewhat weak and orthodox attempts to achieve stabilization, covers the period 1956-60 and is distinguished by an overriding concern for industrial development. In this phase within the scheme known as the Target Plan, efforts were mainly directed towards the creation of the upper strata of an industrial structure. With this end in view, other problems, even that of stability, were relegated to second place.

Related Subject(s): Economic and Social Development
Countries: Brazil; Chile
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