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Bringing the analysis of Brazil's economic performance up to date, Baer's classic text remains the only book in English to provide a thorough historical, statistical, and institutional description of the Brazilian economy. After touching on such issues as Brazil's exporting economy prior to the 1930s, the impact of external shocks, and the historical struggle to bring inflation under control, the book turns to contemporary issues. The changing nature of Brazil's international trading and investment links, the past role of state enterprises and the process of privatization, the agricultural sector, environmental issues, and the economics of the health delivery system are thoroughly examined.
Offering a full statistical and institutional description of Brazil's economy, this book includes a review of the major controversies surrounding such issues as the high degree of concentration in the country's income distribution, the causes of inflation, the impact of various stabilization programs, and the influences of the state in the economy. Scholars, students, international institutions dealing with development, and corporate officers dealing with Latin America will welcome this up-to-date, definitive book on one of the world's largest economies.
List of contents
Preface
Historical PerspectiveIntroduction and Overview
Historical Perspective
Early Industrial Growth
The Post-World War II Industrialization Drive: 1946-61
Stagnation and Boom: Brazil in the 1960s and 1970s
From Adjustment to External Shocks to the Debt Crisis: 1973-85
The Resurgence of Inflation in Brazil: 1974-86
The Decline and Fall of Brazil's Cruzado
Brazil's Drifting Economy: Stagnation and Inflation During 1987-93
The Illusion of Stability: The Brazilian Economy Under Cardoso
Contemporary IssuesThe External Sector: Trade and Foreign Investments
Brazil's Extended Public Sector: Its Changing Role and Privatization
The Banking System: Privatization and Restructuring
Regional Imbalances
The Performance of Agriculture
Environmental Aspects of Brazil's Development
Health in Brazil's Development Process
Structural Changes in Brazil's Industrial Economy, 1960-80
Bibliography
Index
About the author
WERNER BAER is Professor of Economics at the University of Illinois at Urbana-Champaign./e Previously he taught at Harvard, Yale, and Vanderbilt, and he has been a visiting professor at the University of Sao Paulo, Catholic University of Rio de Janeiro, and the Instituto Tocuato De Tella in Buenos Aires. He specializes in the study of Latin American economies, including the process of industrialization, its positive and negative impact, the region's inflationary experiences, the role of the state, and the process of privatization.
