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The Political Economy of Brazilian Industrial Policy (2003 - 2014)

Main Vectors, Shortcomings and Directions to Improve Effectiveness

Bibliographic Data

ID9684450
AuthorsAlexandre Queiroz Guimarães (0000-0002-9557-3930, João Pinheiro Foundation, Brazil; Pontifical Catholic University of Minas Gerais, Brazil, corresponding author)
Year2021
Volume64
Issue2
Publication date2021-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueDados (JOURNAL)
Journal identifiersISSN: 0011-5258 • E-ISSN: 1678-4588
PublisherFapUNIFESP (SciELO) (PUBLISHER)
DOI10.1590/dados.2021.64.2.235
OpenAlexW3149911297
SCIELO_PIDS0011-52582021000200204
LanguageEN
Citations received3
References cited8

This paper is a study about industrial policy and its role in development, investigating how it was recently adopted in Brazil. After a decade of neoliberalism, industrial policy returned to the agenda, increasing the interest in its evaluation. Initially, the article explores general matters related to the needs for industrial policy and to the required factors and procedures that contribute to successful implementation. A benchmark is created to interpret the Brazilian experience. Despite its prioritization and the achievement of specific advances, industrial policy in Brazil failed to produce more consistent results. The main reasons include the lack of an appropriate coordination structure, the incapacity to focus on clear productivity and competitiveness targets, the excessive number of sectors contemplated, the lack of any consistent evaluation and the inability to achieve an encompassing negotiation with business representatives. These deficiencies weakened the possibility of addressing the serious shortcomings inherent to Brazilian industry

Business · Economic growth · Economic system · Economics · Industrial organization · Industrial policy · Management science · Market economy · Negotiation · Political science · Politics · Prioritization · Productivity · Public economics · Asian Industrial and Economic Development · Economic Growth and Productivity · Economic Theory and Policy

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Unique citing works3
Citations per year0,75
Citation span2022 - 2026 (5)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 3

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