The Brazilian Economy: Growth and Development

The Brazilian Economy: Growth and Development

The Brazilian Economy: Growth and Development

The Brazilian Economy: Growth and Development

Synopsis

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.

Excerpt

This edition of The Brazilian Economy has been updated. The early historical chapters contain some additional materials based on recent scholarship. Chapter 9 is new and brings the analysis of the performance of the Brazilian economy up to the early 1990s. Chapter 10, on the external sector, merges and updates the information contained in two separate chapters in the previous edition. Chapter 11, which in the previous editions was devoted exclusively to the extended public sector, now contains a shorter version of this topic, while adding an analysis of the privatization program of the 1990s. The previous editions contained a separate chapter on indexing in Brazil. This has been dropped and interested readers should consult either the previous editions or relevant articles, which are mentioned in Chapter 7. Chapters 12 and 13 have been updated, but remain the same in the original structure. Chapter 14 on the environmental impact of Brazil's development is new and was included due to the increased preoccupation of economists and developmentalists with this issue.

A number of individuals have been of great help in preparing this edition. I wish to thank Claudio Paiva and Charles C. Mueller, who, respectively, co-authored Chapters 9 and 14. Also of great assistance were Eduardo Ribeiro, who helped me plan various types of revisions, and Artur Wichmann Neto, who helped me prepare the statistical appendix. The previous and current editions have also benefitted from the collaboration of Diego Petrecolla and Curtis T. McDonald, and I am also grateful to Paul Beckerman, Manuel Fonseca, and Joaquim Guilhoto, who co-authored previous articles on which Chapters 8 and 15 are based.

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