Table of Contents

Preface
Historical Perspective
Introduction 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 Issues
The 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.

Reviews

?the reader...will have obtained a magnificent perspective of the Brazilian economy- past and present.?-SGE Bulletin

"the reader...will have obtained a magnificent perspective of the Brazilian economy- past and present."-SGE Bulletin