Evolution of the Brazilian political system and its institutions

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The study delves into the inconsistency of Brazil's economic policies and their impact on growth, categorizing institutions as Extractive or Inclusive. It begins with a historical exploration of Brazil's political system from the 16th century, examining the cultural influences and societal structures that shaped these institutions. Additionally, it incorporates insights from the Classical School and Institutionalist School of thought, utilizing their frameworks to analyze the relationship between political and economic institutions and their effects on Brazil's economic trajectory.