Resumen

PEREIRA SAMPAIO, Daniel. BRAZILIAN ECONOMY AT THE BEGINNING OF THE 21^ST CENTURY: DECELERATION, CRISIS, AND DEINDUSTRIALIZATION (2000-2017). Semest. Econ. [online]. 2019, vol.22, n.50, pp.107-128. ISSN 0120-6346.  https://doi.org/10.22395/seec.v22n50a6.

This article aims at discussing the hypothesis of absolute de-industrialization in Brazil, mainly from the second decade of the 21st century, when the country entered a cycle of deceleration and, subsequently, an economic crisis. In order to achieve these goals, the trajectory of the Brazilian economy was organized in cycles: the beginning of reversal (1999-2002), growth recovery (2003- 2006), growth acceleration (2007-2010), slowdown (2011-2014) and economic crisis (2015-2017). We used data from Gross Domestic Product (GDP), industrial production, external accounts, and jobs. The results indicate that the country is on its way to absolute de-industrialization since the cycle of deceleration, considering that it is possible to observe a decline in industrial production and low dynamism of GDP. The sectors of capital goods and durable consumer goods are the most affected, with dramatic reductions, in the face of the great recession.

JEL CLASSIFICATION: O14, O54, L60

CONTENT: Introduction 1. Growth and cycle in the Brazilian economy at the beginning of the 21st century; 2. De-industrialization in Brazil: worsening in the framework of deceleration and crisis; 3. Conclusions; Bibliography.

Palabras clave : Contemporary Brazilian economy; growth and fluctuations; de-industrialization; Brazil.

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