Brazil's GDP growth plunges due to inward-oriented economic policies.
Brazil's GDP growth slowed down significantly after 1980, dropping from 7% to 2.5% per year. The main reasons for this decline were the rising cost of investments, which reduced savings' purchasing power, and a decrease in capital productivity. The country's focus on internal economic policies since the 1970s, possibly even earlier, worsened the situation. Additionally, populist policies after 1984 further hindered economic growth.