BRAZIL Struggles with Development.
There are many different theories to explain development, including institutional, cultural, and structural (systems and structures).
The struggles of Brazil’s development could be explained through its structural systems. But first, let me lays out what has worked. The import-substitution model has worked quite sometimes in Brazil. As a result of import-substitution industrialization, the Brazilian market encountered accelerated growth and significant diversification.

This strategy only works for sometimes and had helped improved a few standard of living but also left a legacy of obstacles and contortions. The growth of the ISI resulted in an ample increase in imports, and the foreign-exchange strategies at the time indicated incomplete export growth. As a result, Brazil resulted in substantial foreign debt. With that being said, they have progressively managed to address the problem of income inequality but also failed to tackle institutional corruptions, which has made the country progress steadily slow. The unemployment rates have continued to rise, with the follow-up of political turmoil.

The amount of human capital brings Brazil’s life expectancy at 73.9, and its infant mortality rate at 14, with a literacy rate of 90.4 and an HDI of 79. These figures show that though there are still significant hurdles, Brazil had made significantly little thrive when it comes to development. Because development could be measured by a country’s life expectancy, mortality and literacy rates. Regardless of it thrives, Brazil institutional and the structural problem remains.
References: Comparative Politics ( Integrating Theories, Methods, and Cases), J. Tyler Dickovick and Jonathan Eastwood.
