Big Business and Brazils Economic Reforms by Luiz Kormann - 9781138813885

Taylor & Francis

Big Business and Brazils Economic ReformsAuthor(s): Luiz Kormann\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138813885, 978-1138813885\nSynopsis\nIn the 1990s Brazil launched a comprehensive economic liberalization program. It lifted its trade barriers, adopted new market-oriented regulations, opened up its capital market and abandoned earlier efforts to internalize production and to build vertically integrated systems across several sectors of the economy. In spite of the visible gap that separated the top global giants from the large local enterprises, Brazilian companies seemed to be willing to join in an economic liberalization process that was bound to expose them to unprecedented levels of competition, bring about a high degree of uncertainty and, in many cases, ultimately put their own businesses at risk.\n\nBig Business and Brazils Economic Reforms examines the most emblematic aspect of the Brazilian economic reform.