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 country's 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
Contents: 1. Introduction Werner Baer and David Ivan Fleischer PART I: INDUSTRIALIZATION 2. Industrial Development in Argentina Bernardo Kosakoff 3. A Bird's Eye View of Brazilian Industrialization Andre Villela Comments Joseph L. Love PART II: AGRICULTURE 4. The Agricultural Sector in Argentina Cesar Ciappa and Andres Gallo 5. The Evolution of Brazilian Agriculture from 1987 to 2009 Carlos Jose and Caetano Bacha Comments Andrew Horowitz PART III: THE SERVICE SECTOR: FORMAL AND INFORMAL 6. Stylized Facts about the Service Sector in Argentina Ricardo Bebczuk 7. Size and Importance of Tertiary Activities in Brazil Carlos R. Azzoni and Joaquim J.M. Guilhoto Comments Edmund Amann PART IV: INCOME DISTRIBUTION 8. Anatomy of Distributive Changes in Argentina Walter Sosa-Escudero 9. The Evolution of Income Distribution in Brazil Rodolfo Hoffmann Comments Adolfo Figueroa PART V: THE STATE AND THE PRIVATIZATION EXPERIENCE 10. Argentina Gas and Electricity Reform Esteban Greco, Diego Petrecolla and Carlos Romero 11. Two Decades of Privatization in Brazil Armando Castelar Pinheiro Comments Werner Baer PART VI: REGIONAL DEVELOPMENT 12. Regional Development, Regional Disparities and Public Policies in Argentina: A Long-run View Alberto Porto and Atilio Elizagaray 13. The Regional Question in Brazil: Nature, Causes and Policies Alexandre Rands Barros Comments Geoffrey Hewings PART VII: INFLATION AND STABILIZATION POLICIES 14. Inflation and Macroeconomic Policies in Post-convertibility Argentina D. Heymann, A. Ramos and H. Aguirre 15. Inflation and Stabilization in Brazil Manuel A.R. da Fonseca Comments Daniel Arce PART VIII: FOREIGN TRADE AND INVESTMENT: PAST AND PRESENT 16. Trade and Foreign Investment in Argentina: From the Agro-export Model to the Present Andres Lopez 17. Foreign Trade and Foreign Investments: The Brazilian Expenrience In the Last Two Decades Simao Davi Silber Comments Donald V. Coes
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