This is the first complete economic and social history of Brazil in
the modern period in any language. It provides a detailed analysis
of the evolution of the Brazilian society and economy from the end
of the empire in 1889 to the present day. The authors elucidate the
basic trends that have defined modern Brazilian society and
economy. In this period Brazil moved from being a mostly rural
traditional agriculture society with only light industry and low
levels of human capital to a modern literate and industrial nation.
It has also transformed itself into one of the world's most
important agricultural exporters. How and why this occurred is
explained in this important survey.
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