The Economies of Argentina and Brazil
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The Economies of Argentina and Brazil

A Comparative Perspective

9781849809962 Edward Elgar Publishing
Edited by the late Werner Baer, formerly Lemann Professor of Economics, University of Illinois at Urbana-Champaign and David Fleischer, Professorial Lecturer, Development Studies, George Washington University and Program Officer for Brazil, Inter-American Foundation, Washington, US
Publication Date: December 2011 ISBN: 978 1 84980 996 2 Extent: 512 pp
This book compares the successes and failures of the development and growth processes of Argentina and Brazil. It provides important insights into the different performances of these economies through a series of comparative essays written by Argentinian and Brazilian economists.

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This book compares the successes and failures of the development and growth processes of Argentina and Brazil. It provides important insights into the different performances of these economies through a series of comparative essays written by Argentinian and Brazilian economists.

In the last 60 years Argentina and Brazil have both undergone a dramatic process of urbanization and industrialization. While there are similarities between the two, each country has dealt with the side-effects in a different manner. In this insightful book, Argentinean and Brazilian economists expertly analyze their countries’ experiences with processes of industrialization, the performance of the agricultural and service sectors, the impact of foreign investments, the distribution of income, the roles of the state and the privatization experience, and inflationary and stabilization experiences.

The contrast of the two emerging countries addressing these challenges will offer students, economists and other social scientists significant new insights into the economic development process. Many of the articles will also appeal to individuals in multinational corporations and banks that have to deal with emerging market economies.
Critical Acclaim
‘. . . an excellent reference resource on this history and current status of the two countries’ economies.’
– K.P. Jameson, Choice
Contributors
Contributors: H. Aguirre, E. Amann, D.G. Arce M., C.R. Azzoni, C.J.C. Bacha, W. Baer, A.R. Barros, R. Bebczuk, C. Ciappa, D.N. Coes, L. De Geest, A. Elizagaray, A. Figueroa, D. Fleischer, M.A.R. da Fonseca, A. Gallo, E.M. Greco, J.J.M Guilhoto, G.J.D. Hewings, D. Heymann, R. Hoffmann, A.W. Horowitz, B. Kosacoff, A. López, J.L. Love, S. Petralia, D. Petrecolla, A.C. Pinheiro, A. Porto, A. Ramos, C.A. Romero, S.D. Silber, W. Sosa-Escudero, A. Villela
Contents
Contents:

Introduction
Werner Baer and David Fleischer

PART I: INDUSTRIALIZATION
1. Industrial Development in Argentina
Bernardo Kosacoff

2. A Bird’s Eye View of Brazilian Industrialization
André Villela

3. Comments on Part I
Joseph L. Love

PART II: AGRICULTURE
4. The Agricultural Sector in Argentina
César Ciappa and Andrés Gallo

5. The Evolution of Brazilian Agriculture from 1987 to 2009
Carlos José Caetano Bacha

6. Comments on Part II
Andrew W. Horowitz

PART III: THE SERVICE SECTOR: FORMAL AND INFORMAL
7. General Facts About the Service Sector in Argentina
Ricardo Bebczuk

8. Size and Importance of Tertiary Activities in Brazil
Carlos R. Azzoni and Joaquim J.M. Guilhoto

9. Comments on Part III
Edmund Amann

PART IV: INCOME DISTRIBUTION
10. Anatomy of Distributive Changes in Argentina
Walter Sosa-Escudero and Sergio Petralia

11. The Evolution of Income Distribution in Brazil
Rodolfo Hoffmann

12. Comments on Part IV
Adolfo Figueroa

PART V: THE STATE AND THE PRIVATIZATION EXPERIENCE
13. Argentina’s Gas and Electricity Reform
Esteban Manuel Greco, Diego Petrecolla and Carlos Adrián Romero

14. Two Decades of Privatization in Brazil
Armando Castelar Pinheiro

15. Comments on Part V
Werner Baer

PART VI: REGIONAL DEVELOPMENT
16. Regional Development, Regional Disparities and Public Policies in Argentina: A Long-run View
Alberto Porto and Atilio Elizagaray

17. The Regional Question in Brazil: Nature, Causes and Policies
Alexandre Rands Barros

18. Comments on Part VI
Geoffrey J.D. Hewings

PART VII: INFLATION AND STABILIZATION POLICIES
19. Inflation and Macroeconomic Policies in Post-convertibility Argentina
Daniel Heymann, Adrián Ramos and Horacio Aguirre

20. Inflation and Stabilization in Brazil
Manuel A.R. da Fonseca

21. Comments on Part VII
Daniel G. Arce M.

PART VIII: FOREIGN TRADE AND INVESTMENT: PAST AND PRESENT
22. Trade and Foreign Investment in Argentina: From the Agro-export Model to the Present
Andrés López

23. Foreign Trade and Foreign Investments: The Brazilian Experience in the Last Two Decades
Simão Davi Silber

24. Comments on Part VIII
Donald N. Coes

Index
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