Economic Liberalization and Industrial Performance in Brazil
Series: Queen Elizabeth House Series in Development Studies;
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Product details:
- Publisher OUP Oxford
- Date of Publication 10 August 2000
- ISBN 9780198296126
- Binding Hardback
- No. of pages308 pages
- Size 242x163x22 mm
- Weight 592 g
- Language English
- Illustrations numerous graphs and tables 0
Categories
Short description:
This book examines the impact of economic liberalization on an advanced industrial sector in Latin America's largest economy. Using a comprehensive variety of original sources, the complex reactions to policy changes are analysed and their wider implications for industrial performance and technological self-reliance highlighted. While liberalization undoubtedly helped to promote greater efficiency in some areas of corporate performance, the impact elsewhere was less favourable. This differentiated response raises some interesting and troubling theoretical and policy issues.
MoreLong description:
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.
Particular reference to the non-serial capital goods sector. It is by focusing on this key sector that the author sets his book apart from the wealth of general studies of the changing policy environment.
Table of Contents:
Introduction
The Policy Environment
Policy Liberalization and the Production Process
The External Dimension: Exports, Imports, and Quality
Technological Development and Policy Liberalization
Concentration, Diversification, and Financial Performance
Conclusions