Brazil : Growth and Poverty Reduction in Pernambuco
Despite its origin as one of the pioneering and richest states of Brazil, Pernambuco today has a history of slower economic growth than Brazil as a whole. Pernambuco began as a sugar producing state and the expansion of sugar production led its eco...
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| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2002/01/1703242/brazil-growth-poverty-reduction-pernambuco http://hdl.handle.net/10986/15444 |
| Summary: | Despite its origin as one of the
pioneering and richest states of Brazil, Pernambuco today
has a history of slower economic growth than Brazil as a
whole. Pernambuco began as a sugar producing state and the
expansion of sugar production led its economic development
until the mid 1600s. Then Pernambuco declined, as sugar
production became more profitable elsewhere in the world. It
is estimated that, since 1939, the first year for which we
have regionalized GDP data, Pernambuco's growth rate
has been slower than Brazil's average. Although poverty
data is much more recent, the story provided by the
available data is that since the early 1980s, Pernambuco has
made little or no headway in reducing absolute poverty.
These facts motivate the present report, which focuses on 1)
analyzing, in collaboration with the Government of
Pernambuco, economic growth and poverty in the State; and 2)
identifying policies that can enhance economic growth and
reduce poverty while improving fiscal performance. These two
themes govern the structure of the report, with the first
chapter focusing on growth and poverty reduction performance
and the second chapter focusing on policies to improve those
performances. The remainder of this introductory section
provides some historical and geographical background of the state. |
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