Economic Liberalization And Industrial Performance In Brazil

Author : Edmund Amann
Publisher : OUP Oxford
Page : 314 pages
File Size : 51,9 Mb
Release : 2000-08-10
Category : Electronic
ISBN : 9780191583919

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Economic Liberalization and Industrial Performance in Brazil by Edmund Amann Pdf

In the past ten years the Brazilian economy has experience an unprecedented wave of market liberalization as import substitution has been progressively abandoned in favour of integration into the global economy. Trade barriers have fallen, privatizations have been implemented, and government procurement has been cut back. Although these policy shifts will be familiar to many, their implications in terms of performance may not. Using a comprehensive array of primary and secondary sources and in-depth company case studies, this book examines how one vitally important Brazilian industrial sector-the non-serial capital goods sector-coped with the onset of liberalization. While liberalization undoubtedly helped to promote greater efficiency in some areas of corporate performance, the impact elsewhere was far less favourable. This differentiated response raises some interesting and troubling theoretical and policy issues.

Author : Werner Baer,Joseph S. Tulchin
Publisher : Unknown
Page : 186 pages
File Size : 42,5 Mb
Release : 1993
Category : Business & Economics
ISBN : UCSD:31822016695991

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Brazil and the Challenge of Economic Reform by Werner Baer,Joseph S. Tulchin Pdf

Author : Luiz Fernando de Paula
Publisher : Routledge
Page : 274 pages
File Size : 45,8 Mb
Release : 2012-07-26
Category : Business & Economics
ISBN : 9781136854897

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Financial Liberalization and Economic Performance by Luiz Fernando de Paula Pdf

Since the beginning of the 1990s, Brazil has followed a pattern of economic development inspired by Washington Consensus. This framework includes a set of liberalising and market friendly policies such as privatisation, trade liberalization, stimulus to foreign direct investment, tax reform, and social security reforms. This book assesses the determinants and impacts of financial liberalisation in Brazil considering its two dimensions: the opening up of the balance of payments capital account, and the penetration by foreign bank of the domestic banking sector. The author combines theoretical and empirical analyses. Some make use of mathematical models and/or statistical techniques; however, they are only used when they are strictly necessary to the analysis.

Author : Maria Jose Fernandes Willumsen,Eduardo Giannetti da Fonseca
Publisher : University of Miami Iberian Studies Institute
Page : 304 pages
File Size : 41,5 Mb
Release : 1997
Category : Business & Economics
ISBN : UCSD:31822023839129

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The Brazilian Economy by Maria Jose Fernandes Willumsen,Eduardo Giannetti da Fonseca Pdf

The emphasis of this book is on the structural aspects of the Brazilian economy, although analyses of economic performance are also covered. A central theme is that growth with social development requires structural reforms, such as the reorganisation of public finances and other matters.

Author : Maurício Mesquita Moreira
Publisher : BID-INTAL
Page : 31 pages
File Size : 51,8 Mb
Release : 2004
Category : Brazil
ISBN : 9789507381775

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Brazil's Trade Liberalization and Growth by Maurício Mesquita Moreira Pdf

Unfulfilled expectations about economic growth in Brazil has led many observers to question the ability of the new, open trade regime to put the economy back on an path of sustainable growth. Whereas the country's growth record has been really poor, the evidence suggests that the underlying causes had nothing to do with trade. Quite the contrary. This paper shows that trade liberalization has given an important contribution to two of the main drivers of growth: productivity and investment in physical capital. It argues that these gains were not turned into growth due to an unfavorable macro and institutional environment. It also claims that Brazil could have enjoyed more gains from trade, had it pursued a more aggressive trade policy at home and abroad. The paper concludes by outlining the main issues of a pro-growth, trade policy agenda for the country.

Author : Luiz Kormann
Publisher : Routledge
Page : 205 pages
File Size : 49,8 Mb
Release : 2015-04-17
Category : Business & Economics
ISBN : 9781317602507

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Big Business and Brazil's Economic Reforms by Luiz Kormann Pdf

In the 1990s Brazil launched a comprehensive economic liberalization program. It lifted its trade barriers, adopted new market-oriented regulations, opened up its capital market and abandoned earlier efforts to internalize production and to build vertically integrated systems across several sectors of the economy. In spite of the visible gap that separated the top global giants from the large local enterprises, Brazilian companies seemed to be willing to join in an economic liberalization process that was bound to expose them to unprecedented levels of competition, bring about a high degree of uncertainty and, in many cases, ultimately put their own businesses at risk. Big Business and Brazil’s Economic Reforms examines the most emblematic aspect of the Brazilian economic reforms, the support from parts of the local entrepreneurial class for the opening up of the economy. It investigates the reasons why Brazil carried out these economic reforms in the 1990s, the transition process and the impact of the opening up of the economy on some of its most important sectors, such as the aerospace, auto and auto parts, food processing, oil and petrochemicals, ethanol, steel, telecoms and telecom equipment industries. This book offers an in-depth analysis of Brazil’s distinctive development paths, from the Latin American economic thinking of the early stages of its industrialization to the neo-liberal stance of the present day. It sheds new light on one of the main challenges facing all the large developing economies in their move to become more integrated into the world economy, the fostering of large enterprises, and is a great resource for students and researchers interested in global business, development economics, and Latin American economic history.

Author : Marcelo de Paiva Abreu
Publisher : BID-INTAL
Page : 56 pages
File Size : 46,9 Mb
Release : 2004
Category : Brazil
ISBN : 9789507381805

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Trade liberalization and the political economy of protection in Brazil since 1987 (Working Paper SITI = Documento de Trabajo IECI n. 8b) by Marcelo de Paiva Abreu Pdf

Author : Christian Sprinkmeyer,Joao Miguel Rodrigues
Publisher : GRIN Verlag
Page : 55 pages
File Size : 54,8 Mb
Release : 2010-03-08
Category : Business & Economics
ISBN : 9783640557356

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The Reform Process in Brazil. Examining the Roots of the economic stability and performance of Latin America’s largest country by Christian Sprinkmeyer,Joao Miguel Rodrigues Pdf

Seminar paper from the year 2009 in the subject Business economics - Miscellaneous, grade: 1,3, Otto Beisheim School of Management Vallendar, language: English, abstract: This paper analyzes the path that Brazil’s economy has taken to reach today’s status; the status of a stable economy that shows high potential to meet the challenging expectations that economists set on it. The idea is to source the roots of the economic stability and performance of Latin America’s largest country and to highlight the implications it will have in the near and remote future. Chapter 2 focuses on the Real Plan launched in 1994. A set of reforms which transformed Brazil’s economy from a protected economy facing four-digit inflation rates into a stable economy capable of competing with developed economies. It discusses the implementation of the Real Plan, its measures and its positive and negative consequences for the Brazilian economy. Furthermore we are going to deal with the recent past of Brazil’s economy since the presidential elections in 2002, when the leader of the workers’ party Lula da Silva was elected. We focus on the economic policy of the president and its government, whose election has almost led to the default of the Brazilian state because financial markets were afraid that the socialist candidate would pursue a 180 degree turn compared to the neoliberal economic policy of his predecessor. We analyze why Brazil was one of the last countries being affected by the financial crisis and why it was one of the first to leave it behind. Chapter 3 analyzes on the one hand the agricultural, the industrial and the service sector and on the other hand the trade and the domestic demand in Brazil. First of all we will clearly show the development of the three economic sectors until today and point out their influences on each other. In this context we will search for reasons for the strongly growing service sector and for the decreasing economic relevance of the agricultural and the industrial service sector. But of course we cannot neglect those two sectors in the Brazilian economy. The fourth chapter of this paper evaluates the future potential of Brazil. The basis for this section is an analysis of the four conditions for growth mentioned by Goldman Sachs (2003).

Author : Claudio Ferraz,Carlos Eduardo Frickmann Young
Publisher : Santiago, Chile : United Nations, Economic Commission for Latin America and the Caribbean, División de Medio Ambiente y Asentamientos Humanos
Page : 52 pages
File Size : 47,9 Mb
Release : 1999
Category : Business & Economics
ISBN : UCSD:31822031378946

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Trade Liberalization and Industrial Pollution in Brazil by Claudio Ferraz,Carlos Eduardo Frickmann Young Pdf

This paper attempts to estimate the effect of trade liberalisation on the industrial structure and pattern of pollution emissions in Brazil. An input-output approach is used to estimate the value of production and potential pollution intensity estimates are undertaken using the industrial pollution projection system. The findings show that the aggregate intensity of pollutant emission has decreased for the whole industrial sector, but for the export sector, the pollution intensity has been increasing after trade liberalisation.

Author : José Maria de Oliveira
Publisher : Unknown
Page : 128 pages
File Size : 40,8 Mb
Release : 2015-04-15
Category : Electronic
ISBN : 0989968367

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Trade Liberalisation in Brazil by José Maria de Oliveira Pdf

International trade and industrialisation have been central to the debate on developmenttheory and policy for many years. The study of trade liberalisation effects, by combining microeconomic and trade theories with evidence from firm data was a challenge.

Author : Luiz Kormann
Publisher : Routledge
Page : 220 pages
File Size : 54,5 Mb
Release : 2015-04-17
Category : Business & Economics
ISBN : 9781317602491

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Big Business and Brazil's Economic Reforms by Luiz Kormann Pdf

In the 1990s Brazil launched a comprehensive economic liberalization program. It lifted its trade barriers, adopted new market-oriented regulations, opened up its capital market and abandoned earlier efforts to internalize production and to build vertically integrated systems across several sectors of the economy. In spite of the visible gap that separated the top global giants from the large local enterprises, Brazilian companies seemed to be willing to join in an economic liberalization process that was bound to expose them to unprecedented levels of competition, bring about a high degree of uncertainty and, in many cases, ultimately put their own businesses at risk. Big Business and Brazil’s Economic Reforms examines the most emblematic aspect of the Brazilian economic reforms, the support from parts of the local entrepreneurial class for the opening up of the economy. It investigates the reasons why Brazil carried out these economic reforms in the 1990s, the transition process and the impact of the opening up of the economy on some of its most important sectors, such as the aerospace, auto and auto parts, food processing, oil and petrochemicals, ethanol, steel, telecoms and telecom equipment industries. This book offers an in-depth analysis of Brazil’s distinctive development paths, from the Latin American economic thinking of the early stages of its industrialization to the neo-liberal stance of the present day. It sheds new light on one of the main challenges facing all the large developing economies in their move to become more integrated into the world economy, the fostering of large enterprises, and is a great resource for students and researchers interested in global business, development economics, and Latin American economic history.

Author : Thomas J. Trebat
Publisher : Cambridge University Press
Page : 0 pages
File Size : 45,9 Mb
Release : 2007-01-18
Category : Business & Economics
ISBN : 0521033241

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Brazil's State-Owned Enterprises by Thomas J. Trebat Pdf

This book provides a systematic analysis of the performance of Brazil's large state-owned enterprises. The Brazilian economic system encourages private enterprise, but the government itself owns and operates such critical industries as petrochemicals, steel, electricity and telecommunications. The Brazilian state has assumed the role of an entrepreneur not for ideological reasons, but as a pragmatic means of speeding up the process of economic growth. The author examines the economic and financial performance of these state-owned enterprises in terms of their contribution to economic growth. He concludes that in Brazil they have been effective substitutes for private investment in a number of strategic industries and that their ability to assemble large amounts of capital, to attract skilled managers, and to earn reasonable profits permitted the Brazilian economy to grow more rapidly during the 1960s and 1970s than would have been the case in their absence.

Author : Lael Brainard,Leonardo Martinez-Diaz
Publisher : Rowman & Littlefield
Page : 305 pages
File Size : 46,6 Mb
Release : 2009-09-01
Category : Business & Economics
ISBN : 9780815703655

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Brazil as an Economic Superpower? by Lael Brainard,Leonardo Martinez-Diaz Pdf

In Brazil, the confluence of strong global demand for the country's major products, global successes for its major corporations, and steady results from its economic policies is building confidence and even reviving dreams of grandeza—the greatness that has proven elusive in the past. Even as the current economic crisis tempers expectations of the future, the trends identified in this book suggest that Brazil will continue its path toward becoming a leading economic power in the future. Once seen as an economic backwater, Brazil now occupies key niches in energy, agriculture, service industries, and even high technology. Yet Latin America's largest nation still struggles with endemic inequality issues and deep-seated ambivalence toward global economic integration. Scholars and policy practitioners from Brazil, the United States, and Europe recently gathered to investigate the present state and likely future of the Brazilian economy. This important volume is the timely result. In Brazil as an Economic Superpower? international authorities focus on five key topics: agribusiness, energy, trade, social investment, and multinational corporations. Their analyses and expertise provide not only a unique and authoritative picture of the Brazilian economy but also a useful lens through which to view the changing global economy as a whole.

Author : Mr.Antonio Spilimbergo,Mr.Krishna Srinivasan
Publisher : International Monetary Fund
Page : 382 pages
File Size : 48,8 Mb
Release : 2019-03-14
Category : Business & Economics
ISBN : 9781484339749

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Brazil by Mr.Antonio Spilimbergo,Mr.Krishna Srinivasan Pdf

Brazil is at crossroads, emerging slowly from a historic recession that was preceded by a huge economic boom. Reasons for the historic bust following a boom are manifold. Policy mistakes were an important contributory factor, and included the pursuit of countercyclical policies, introduced to deal with the effects of the global financial crisis, beyond the point where they were helpful. More fundamentally, it reflects longstanding structural weaknesses plaguing the economy, that also help explain Brazil’s uninspiring growth performance over the past four decades.

Author : Werner Baer
Publisher : Unknown
Page : 472 pages
File Size : 51,8 Mb
Release : 2008
Category : Brazil
ISBN : UCSD:31822034245266

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The Brazilian Economy by Werner Baer Pdf

?Baer?s book has become the standard, authoritative reference for those who need to understand the current workings, as well as the historical evolution, of the Brazilian economy. This timely and welcome new edition sheds important light on the policy challenges facing Brazil in the 21st century.??Riordan Roett, Johns Hopkins UniversityIn this thorough description and analysis of Latin America?s largest economy, Werner Baer traces the trajectory of Brazil?s economic development from the colonial period through the current Lula administration.The sixth edition includes vast amounts of new statistical and institutional information, as well as a detailed assessment of the country?s economic performance over the last decade. Current, and often contentious, issues such as privatization, income and regional inequalities, and the environmental impact of development are also extensively explored.Designed to be broadly accessible, this new edition will be valuable in a wide range of venues, from universities to the corporate world to the libraries of development organizations. Werner Baer is Jorge Lemann Professor of Economics at the University of Illinois, Champaign-Urbana. Among his most recent publications are Liberalization and its Consequences and Foreign Direct Investment in Latin America: Its Changing Nature at the Turn of the Century.Contents: Introduction. The Historical Trajectory. The Colonial Period and the Nineteenth Century. Early Industrial Growth. Post?World War II Industrialization: 1946?1961. From Stagnation and Boom to the Debt Crisis: 1961?1985. Inflation and Economic Drift: 1985?1994. The Real Plan and the End of Inflation: 1994?2002. Economic Orthodoxy vs. Social Development: 2002?2007. Exploring Central Issues. The External Sector: Trade and Foreign Investments. The Changing Public Sector and the Impact of Privatization. Regional Inequalities. The Agricultural Sector. The Environmental Impact of Development. Healthcare. Neoliberalism and Market Concentration: The Emergence of a Contradiction? Conclusion. Structural Changes in Brazil?s Economy: 1960?2006.