Engines of growth: the state and transnational auto companies in Brazil

This book explores the economic and political conditions under which state intervention can be both warranted and effective. It focuses on the successful example of state-sectoral planning provided by Brazil's effort to produce motor vehicles. In 1956, the Brazilian government banned all car im...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Shapiro, Helen (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: Cambridge u.a. Cambridge Univ. Press 1994
Ausgabe:1. publ.
Schlagworte:
Zusammenfassung:This book explores the economic and political conditions under which state intervention can be both warranted and effective. It focuses on the successful example of state-sectoral planning provided by Brazil's effort to produce motor vehicles. In 1956, the Brazilian government banned all car imports and gave foreign automobile companies an ultimatum: Either they abandon the lucrative Brazilian market or manufacture vehicles with 90-95 percent Brazilian-made content within five years
Production and domestic content targets were largely achieved. By 1975, Brazil's industry was the largest in the periphery with annual production approaching one million vehicles. Moreover, in contrast to many contemporary Latin American experiences that better fit a rent-seeking paradigm, the initial subsidies did not lead to ongoing resource transfers to the sector
Brazil's policy was successful in generating the production externalities of the industry and in increasing the capacity of the state to capture rents accruing to firms, benefits the country would have sacrificed had it continued to import from the oligopolized industry
Beschreibung:Zugl.: New Haven, Conn., Yale Univ., Diss.
Beschreibung:XI, 267 S. graph. Darst.
ISBN:052141640X