the state and transnational auto companies in Brazil /
First Statement of Responsibility
Helen Shapiro.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
New York, NY, USA :
Name of Publisher, Distributor, etc.
Cambridge University Press,
Date of Publication, Distribution, etc.
1994.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
xi, 267 pages :
Other Physical Details
illustrations ;
Dimensions
24 cm
GENERAL NOTES
Text of Note
Revision of the author's thesis (doctoral)--Yale University.
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references and index.
CONTENTS NOTE
Text of Note
Approaches to state intervention -- Why auto? -- The determinants of firm entry -- Rent redistribution and linkage effects -- The automotive parts sector.
0
SUMMARY OR ABSTRACT
Text of Note
. The Brazilian case suggests that the polarized debate over state intervention must become more nuanced, as the effectiveness of state policy can vary greatly across sectors and over time depending upon demand conditions, technological change, firm strategy, and the domestic and international macro-economic environment.
Text of Note
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.
Text of Note
It broadens the standard bargaining framework to incorporate the strategic objectives of both the state and the firms, and looks at the government institutions and policies that made the threat of market closure credible and made it costly for firms not to participate on schedule. It also presents archival material that shows that the transnational automotive firms would not have invested in manufacturing capacity in the absence of government demands.
Text of Note
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.
Text of Note
The book shows how neither neoclassical, market-oriented explanations of economic development nor state-centered approaches would predict that this type of import-substitution program would succeed in the context of Brazil's political economy. The book integrates the general insights of these currently contending approaches into a detailed, context-sensitive analysis of postwar Brazil, the international auto industry, and the bargaining process between the Brazilian state and the foreign auto companies.
Text of Note
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.
ACQUISITION INFORMATION NOTE
Terms of Availability
£35.00 : Formerly CIP
TOPICAL NAME USED AS SUBJECT
Automobile industry and trade-- Government policy-- Brazil.
International business enterprises-- Brazil.
Automobiles-- Industrie et commerce-- Programmes gouvernementaux-- Brésil.
Entreprises multinationales-- Brésil.
15.85 history of America.
83.67 industry.
Auto-industrie.
Automobile industry and trade-- Government policy-- Brazil.
Automobile industry and trade-- Government policy.