Table of Contents

Introduction --Objective and Structure of the Book -- Notes -- The Brazilian Economy and the First Oil Shock -- A Brief Review of the 1968/1973 Period -- The Binding Constraint to Economic Growth in Brazil Post-73 -- The Second National Development Plan and Its -- Growth-cum-Debt Strategy: An Overview -- Notes -- Structural and External Financing Policies Structural Policies -- External Financing Policies -- Notes -- Strnctural Policy Effects: A Sectoral Analysis -- The Basic Industries -- The Energy Sector -- Transportation and Communications -- Notes -- Expenditure Reducing and Expenditure-Switching Policies -- Policy Responses to the First Oil Shock: 1974178 -- Policy Responses to the Second Oil Shock -- Notes -- 6 The Transfer of Real Resources as a Restriction on Growth: Recent Trends in the Brazilian Economy -- Brazil's Trade Performance in 1980/86 -- The Stubbornly High Inflation Rates -- The Public Sector's Deficits -- The Technological Content of Brazil's Exports -- Notes -- 7 General Conclusions -- Notes -- Appendix Tables -- List of Acronyms -- Bibliography -- Index.