The New Brazilian Economy

This edited collection provides a thorough historical, statistical, and institutional description of the current Brazilian economy and the previous economic structure from which it is emerging. The contributions explore the institutional economic and cultural forces shaping the current development of the Brazilian economy and discuss how they will influence future progress. Together, the chapters form a picture of the international implications of Brazil's emergence as a major world economic power. Topics covered include the growth and shrinkage of industry, the consumption boom and the financial crisis, sustainable financial growth and public debt management, the evolution of antitrust policy and the privatization of state-owned firms, and more. Academics and researchers of BRICS countries and Latin American and Caribbean studies will find these contributions a valuable addition to their research.

Auteur
Elias C. Grivoyannis is Associate Professor of Economics at Yeshiva University, USA. He has also taught at New York University, Columbia University Barnard College, and the City University of New York. He is the author of Current Issues of Monetary Policy in the United States and Japan, coauthor of Health Care Systems in Japan and the United States, and editor of The New Chinese Economy.

Contributors
Daví José Nardy Antunes, University of Campinas, BrazilEduardo F. Bastian, Federal University of Rio de Janeiro, BrazilCleomar Gomes da Silva, Federal University of Uberlândia, Brazil Tarciso Gouveia da Silva, PETROS-Fundação Petrobras de Seguridade Social, BrazilAndré Roncaglia de Carvalho, University of São Paulo, BrazilGermano Mendes de Paula, Federal University of Uberlandia, BrazilCarmem Feijo, Fluminense Federal University, BrazilFabio Gallo Garcia, Pontifical Catholic University of São Paulo, Brazil Margarida Gutierrez, Federal University of Rio de Janeiro, BrazilMarcos Tostes Lamonica, Fluminense Federal University, BrazilViviane Luporini, Federal University of Rio de Janeiro, BrazilAndré de Melo Modenesi, Federal University of Rio de Janeiro, Brazil Rui Lyrio Modenesi, Fluminense Federal University, BrazilLuiz Pinto, Federal University of Rio de Janeiro, BrazilManoel Carlos de Castro Pires, Institute of Applied Economic Research, BrazilMarcos Jorge Teixeira Reis, National Institute of Higher Studies, EquadorEnrico Spini Romanielo, Mundie e Advogados, BrazilFabio de Silos Sá-Earp, Federal University of Rio de Janeiro, BrazilJoelson Oliveira Sampaio, Pontifical Catholic University of São Paulo, BrazilDanilo Spinola, University of Campinas, BrazilFabio Henrique Bittes Terra, Federal University of Uberlândia, Brazil

Résumé
Brazil is the most populous economy in Latin America today with the second highest GDP among the emerging BRIC economies, after China , and the second per capita GDP among the BRIC economies after Russia . The objective of the proposed book is to provide a thorough historical, statistical, and institutional description of the Brazilian economy along with a most recent account of what is presently going on in Brazil and the type of economy from which Brazil is emerging. The topics addressed in this book will increase the reader's awareness of the institutional economic and cultural forces that shape the dynamism of the Brazilian economy today and will continue to do so for the years to come. Some of the questions that this book will address are: How did the Brazilian economy evolve into what it is today? How does the Brazilian economy affect the developing and industrialized countries and why should the present state of the Brazilian economy be of any interest or concern to the rest of the world? How is the Brazilian banking sector evolving and what role do private banks and finance play in this change? How do the demographic changes in Brazil interact with capital accumulation and influence sustainable socio-economic growth? What accounts for consumption inequalities among Brazil's population? What processes are responsible for the current distribution of income in Brazil? How is the recent economic crisis of industrialized countries expected to affect Brazil's economic stability and long term growth? How are the policy makers in Brazil dealing with international and domestic economic challenges? Those who study multinational enterprises and the future of their direct investment in Brazil will learn about the existing types of government intervention which will continue to play an important role in the future economic growth of the country. They will also gain some understanding of Brazilian antitrust policy and the international implications of Brazil's transition into an emerging world economic power.

Contenu

1. A Historical Background of the Brazilian Economy.- 2. The Brazilian Economy at the End of the Twentieth Century.- 3. Manufacturing Industry and Growth: An Interpretation for the Performance of the Brazilian Economy in the 1990s and 2000s.- 4. Deindustrialization in Brazil?.- 5. Thriving Through Uncertainty: Fiscal Space for Brazilian Sustainable Growth.- 6. Some Lessons from the Household Consumption Boom in Brazil, 2003-2013.- 7. Funding, State, and Debt Crisis.- 8. Long-Term Financing in Brazil: The Role of the Brazilian Development Bank.- 9. Evolution of Financial Markets in Post-Stabilization Brazil: Trends and Traits.- 10. Brazil's Macroprudential Framework to Tackle the Great Financial Crisis: Monetary Policy, Financial Regulation, and the Banking System.- 11. Antitrust Policy in Brazil: Evolution and Perspectives.- 12. The New Petroleum Policy in Brazil.- 13. Productive Structure in the NeoKaleckian Model of Growth and Distribution: Simulations to the Brazilian Economy.- 14. The Effects of Public Debt Management on Macroeconomic Equilibrium: An Analysis of the Brazilian Economy.