Industrial Policies for Reverting the Premature Deindustrialization of the Brazilian Economy: an agenda for policy discussion

Authors

  • Luiza Nascimento Evangelista de Sousa Universidade de Brasília
  • José Luís da Costa Oreiro Universidade de Brasília

DOI:

https://doi.org/10.7203/IREP.6.1.29171

Abstract

This article explores the path of Brazil's manufacturing sector, focusing on the process of deindustrialization, and delving into the historical evolution of industrial policies, especially the more recent initiatives, dating back to Lula's first government in the beginning of the 21st century, and their outcomes. The paper advocates for a strategic industrial policy agenda designed to move Brazil towards reindustrialization, thereby fostering sustained, long-term economic growth. By analysing the manufacturing sector’s historical record and examining the prevailing industrial policy agenda in Brazil, alongside insights from some developed nations actively pursuing reindustrialization, this study proposes a forward-looking industrial policy plan. Tailored to address Brazil's unique challenges and opportunities, the paper serves as a roadmap for policymakers, offering actionable recommendations to revitalize the industrial landscape. In summary, the paper unravels the manufacturing sector’s complexities, offering a better understanding of deindustrialization, industrial policy agendas and its tendencies, for both Brazil and globally, providing a proactive industrial policy plan for the country. This multifaceted examination provides valuable insights for policymakers and stakeholders, facilitating well-informed decision-making for the country to regain sustainable economic growth.

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References

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Published

2024-07-10

How to Cite

Evangelista de Sousa, L. N., & da Costa Oreiro, J. L. (2024). Industrial Policies for Reverting the Premature Deindustrialization of the Brazilian Economy: an agenda for policy discussion. International Review of Economic Policy-Revista Internacional De Política Económica, 6(1), 69–88. https://doi.org/10.7203/IREP.6.1.29171
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Vol. 6 No. 1 (2024)

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