Industrial competitiveness in Brazil ten years after economic liberalization

Bibliographic Data

ID11650375
AuthorsJúlia C Ferraz (0000-0001-5980-2591), Joäo Carlos Ferraz, David Kupfer, David J Kupfer (0000-0002-4217-8304), Mariana Iootty
Year2004
Volume2004
Issue82
Pages91-117
Publication date2004-06-16
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueCEPAL review (JOURNAL)
Journal identifiersISSN: 0251-2920 • E-ISSN: 1684-0348
PublisherUnited Nations Publications (PUBLISHER • US)
DOI10.18356/a99f5747-en
OpenAlexW984639450
LanguageEN
Citations received4
References cited1

This article examines the nature and extent of the changes in Brazilian industry after ten years of economic liberalization The article demonstrates that most structural features of Brazilian industry remain unchanged except in the management of production processes and in the ownership structure of firms, as rationalization and inward internationalization became generalized processes. Brazil may face a development paradox in the years to come. History suggests that local capital and innovation capabilities have been outstanding features of countries successful in achieving sustained economic development. If internationalization of ownership is to remain and local innovation capabilities are to be pursued, then Brazilian private and public policy makers must depart from established policy practices and seek new ways of regulating and inducing firms towards local value creation

Business · Economic liberalization · Economic system · Economics · Industrial policy · International trade · Internationalization · Liberalization · Market economy · Public ownership · Rationalization (economics · Economic Theory and Policy · Global trade and economics

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