Brazilian Success

This article ‘More pay and more jobs: how Brazil got both’ by Paulo Eduardo de Andrade Baltar outlines how collective bargaining together with progressive government policies in the Lula years have improved the livelihood of many Brazilians.  The minimum wage has risen significantly faster than inflation as have bargained wages, significantly raising pay at the bottom and middle. Increased spending on income transfers has helped as well. In short, a fairer sharing of the fruits of growth has taken place.


Leave a Reply

Your email address will not be published.