This book analyzes Brazil's foreign relations, politics, domestic economy, international economic relations, and relations with multinational corporations. It identifies the balance-of-payments crisis in the late 1970s as the key to Brazil's economic and political future.

William H. Overholt has served on the Hudson Institute research staff since 1971 as a policy analyst specializing in foreign policy, Asian politics, and policy development. He is also a research associate at Columbia University's Research Institute on International Change and editor of Global Political Assessment.

Preface -- The Future of Brazil: An Overview -- Brazil's Future Foreign Relations -- The Political Future of Brazil -- The Brazilian Economy: Structural Legacies and Future Prospects -- The State and Brazilian Economic Development: The Contemporary Reality and Prospects for the Future -- Brazil's Debt Burden -- Treatment of the Foreign Investor: The Brazilian Style