When was Brazil most developed?

Place of Publication
Adventures in History
Publication date
Summary

Between 1948 (when IBGE began calculating GDP per capita) and 1981, there was average growth that exceeded 7% per year. A number comparable to that of Japan, which, between 1953 and 1965, saw its GDP grow by around 9% per year, and reached 13% in 1973. There was modernization of the productive park and an increase in productivity, encouraging science and technology. “Brazil was catching-up, that is, getting closer to the developed references in Europe. Very poorly compared, between 1930 and 1980 Brazil was what China is today, in the sense of a dynamic economy and structural transformation", says Antonio Carlos Diegues Junior, professor at the Institute of Economics of Unicamp,

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