Inequality and Economic Development in Brazil is part of the World Bank Country Study series. These reports are published with the approval of the subject government to communicate the results of the Bank's work on the economic and related conditions of member countries to governments and to the development community. Excessive income inequality is unfair and undesirable on ethical grounds and can bring adverse effects on economic growth, health outcomes, social cohesion, and crime. Excessively unequal initial conditions are likely to lead to a perverse cycle of weak social mobility. Such is...