This edited collection provides a thorough historical, statistical, and institutional description of the current Brazilian economy and the previous economic structure from which it is emerging. The contributions explore the institutional economic and cultural forces shaping the current development of the Brazilian economy and discuss how they will influence future progress. Together, the chapters form a picture of the international implications of Brazil¿s emergence as a major world economic power. Topics covered include the growth and shrinkage of industry, the consumption boom and the financial crisis, sustainable financial growth and public debt management, the evolution of antitrust policy and the privatization of state-owned firms, and more. Academics and researchers of BRICS countries and Latin American and Caribbean studies will find these contributions a valuable addition to their research.

Elias C. Grivoyannis is Associate Professor of Economics at Yeshiva University, USA. He has also taught at New York University, Columbia University Barnard College, and the City University of New York. He is the author of Current Issues of Monetary Policy in the United States and Japan, coauthor of Health Care Systems in Japan and the United States, and editor of The New Chinese Economy.

Contributors

Daví José Nardy Antunes, University of Campinas, Brazil

Eduardo F. Bastian, Federal University of Rio de Janeiro, Brazil

Cleomar Gomes da Silva, Federal University of Uberlândia, Brazil 

Tarciso Gouveia da Silva, PETROS-Fundação Petrobras de Seguridade Social, Brazil

André Roncaglia de Carvalho, University of São Paulo, Brazil

Germano Mendes de Paula, Federal University of Uberlandia, Brazil

Carmem Feijo, Fluminense Federal University, Brazil

Fabio Gallo Garcia, Pontifical Catholic University of São Paulo, Brazil 

Margarida Gutierrez, Federal University of Rio de Janeiro, Brazil

Marcos Tostes Lamonica, Fluminense Federal University, Brazil

Viviane Luporini, Federal University of Rio de Janeiro, Brazil

André de Melo Modenesi, Federal University of Rio de Janeiro, Brazil 

Rui Lyrio Modenesi, Fluminense Federal University, Brazil

Luiz Pinto, Federal University of Rio de Janeiro, Brazil

Manoel Carlos de Castro Pires, Institute of Applied Economic Research, Brazil

Marcos Jorge Teixeira Reis, National Institute of Higher Studies, Equador

Enrico Spini Romanielo, Mundie e Advogados, Brazil

Fabio de Silos Sá-Earp, Federal University of Rio de Janeiro, Brazil

Joelson Oliveira Sampaio, Pontifical Catholic University of São Paulo, Brazil

Danilo Spinola, University of Campinas, Brazil

Fabio Henrique Bittes Terra, Federal University of Uberlândia, Brazil

1. A Historical Background of the Brazilian Economy.- 2. The Brazilian Economy at the End of the Twentieth Century.- 3. Manufacturing Industry and Growth: An Interpretation for the Performance of the Brazilian Economy in the 1990s and 2000s.- 4. Deindustrialization in Brazil?.- 5. Thriving Through Uncertainty: Fiscal Space for Brazilian Sustainable Growth.- 6. Some Lessons from the Household Consumption Boom in Brazil, 2003-2013.- 7. Funding, State, and Debt Crisis.- 8. Long-Term Financing in Brazil: The Role of the Brazilian Development Bank.- 9. Evolution of Financial Markets in Post-Stabilization Brazil: Trends and Traits.- 10. Brazil's Macroprudential Framework to Tackle the Great Financial Crisis: Monetary Policy, Financial Regulation, and the Banking System.- 11. Antitrust Policy in Brazil: Evolution and Perspectives.- 12. The New Petroleum Policy in Brazil.- 13. Productive Structure in the NeoKaleckian Model of Growth and Distribution: Simulations to the Brazilian Economy.- 14. The Effects of Public Debt Management on Macroeconomic Equilibrium: An Analysis of the Brazilian Economy.