Industrial policy and state-making: Brazil’s attempt at oil-based industrial development
| Autor: | E. Massi, J. Nem Singh |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
050204 development studies
media_common.quotation_subject Corporate governance 05 social sciences Economic rent Brazilian developmentalism oil and gas industry Context (language use) Development Industrial policy 0506 political science Developmental state Politics State (polity) 0502 economics and business 050602 political science & public administration Business Bureaucracy Economic system industrial policy media_common |
| Zdroj: | Third World Quarterly Third World Quarterly, 39(6), 1133-1150 |
| ISSN: | 1360-2241 0143-6597 |
| DOI: | 10.1080/01436597.2018.1455144 |
| Popis: | This paper examines the changing strategies of developmental states using Brazil’s oil-based industrial policy as a case study. We analyse the relationship between the state, Petrobras and industrial elites in the context of Brazil’s renewed emphasis on sector-specific industrial development strategy. Taking stock and re-examining the developmental state model, we suggest that developmental states are inherently political, particularly their bureaucracy and state-owned enterprises (SOEs), and that money politics is intricately woven into state-guided high growth regimes. Given the difficulty of privatisation as a solution to SOE (mis)governance, the challenge for Brazil is to mediate extreme political interventions that have eroded Petrobras’ autonomy in the past and to sustain institutional capacity to direct rents towards investment and innovation. |
| Databáze: | OpenAIRE |
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