Globalisation and the Brazilian steel industry: 1988-97

E. Amann and F. I. Nixson

Journal of Development Studies, 1999, vol. 35, issue 6, 59-88

Abstract: Over the course of the 1988-97 period, the Brazilian steel sector was subject to an unprecedented programme of trade liberalisation and privatisation while becoming far more open towards foreign investment and technology inflows. Using various indicators of competitive performance, it is established that the impact of this drive towards globalisation was broadly favourable. Productivity and the technological level of production processes improved while import penetration remained minimal despite the scale of trade liberalisation. However, these improvements have to be set beside the fact that the competitive performance of the sector still lagged behind that of major international producers and technological weaknesses persisted. The evolution of the sector's competitive behaviour can only be fully understood when pre-existent internal factors, as well as the externally imposed forces of globalisation are taken into account.

Date: 1999
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DOI: 10.1080/00220389908422602

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