20 years after the Real Plan, why does growth remain elusive?

Resumo

Brazil is celebrating two decades of monetary stabilization and introduction of the real , but has yet to find the formula for sustained growth. Solange Monteiro explains the trajectory of the Real Plan but asks the experts: Why can Brazil not grow in a sustainable way? There are concerns that not only have efforts to address the economy’s imbalances failed, but the problems have been exacerbated by policies to increase consumption.