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Book Categories |
List of Tables and Figures | ||
Preface | ||
1 | Introduction | 1 |
Objective and Structure of the Book | 4 | |
Notes | 5 | |
2 | The Brazilian Economy and the First Oil Shock | 7 |
A Brief Review of the 1968/1973 Period | 7 | |
The Binding Constraint to Economic Growth in Brazil Post-73 | 12 | |
The Second National Development Plan and Its Growth-cum-Debt Strategy: An Overview | 18 | |
Notes | 22 | |
3 | Structural and External Financing Policies | 27 |
Structural Policies | 27 | |
External Financing Policies | 41 | |
Notes | 51 | |
4 | Structural Policy Effects: A Sectoral Analysis | 55 |
The Basic Industries | 55 | |
The Energy Sector | 73 | |
Transportation and Communications | 83 | |
Notes | 92 | |
5 | Expenditure-Reducing and Expenditure-Switching Policies | 97 |
Policy Responses to the First Oil Shock: 1974/78 | 97 | |
Policy Responses to the Second Oil Shock | 110 | |
Notes | 125 | |
6 | The Transfer of Real Resources as a Restriction on Growth: Recent Trends in the Brazilian Economy | 129 |
Brazil's Trade Performance in 1980/86 | 136 | |
The Stubbornly High Inflation Rates | 142 | |
The Public Sector's Deficits | 143 | |
The Technological Content of Brazil's Exports | 146 | |
Notes | 147 | |
7 | General Conclusions | 149 |
Notes | 153 | |
Appendix Tables | 155 | |
List of Acronyms | 169 | |
Bibliography | 171 | |
Index | 175 |
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