“…Meanwhile, the economic groups had increasingly become protagonists of the global geopolitics and economy. There was a "strong trend towards financialization and rent-seeking in capitalist economies... a process... [that] was not confined to the national borders" with an "impressive escalation of the amount of financial wealth (to a rate of at least 15% per year)... surpassing the growth in production and fixed asset accumulation" (Coutinho;Belluzzo, 1996, p. 137). The advance of financialization and its detachment from production was linked to a "wave of deregulation and liberalization [that] was strong and reduced the turning radius of the National States" (Coutinho, 1996, p. 49).…”
Section: The Global Innovation and Productivity Dynamic At Crisis Timesmentioning
This article analyzes the recent changes in the global productivity and innovation dynamics and its impacts on the industrial and innovation public policies since the beginning of the millennium. Arguably, the main feature that singles out the current state of globalization is the strengthening of the financialization process. This has had significant impacts on transnational firms and the outreach of National States' actions. This article also discusses to what extent the Covid-19 pandemic is affecting the economy, the society, and the measures adopted by National States to face the current crisis. The role of new digital technologies in global changes, the industrial and innovation policies, especially in the health productivity and innovation system, are other discussion topics. Finally, this study highlights the structural changes in the global economy against the background of the Covid-19 pandemic and investigates the main challenges and opportunities for HEIC worldwide and in Brazil.
“…Meanwhile, the economic groups had increasingly become protagonists of the global geopolitics and economy. There was a "strong trend towards financialization and rent-seeking in capitalist economies... a process... [that] was not confined to the national borders" with an "impressive escalation of the amount of financial wealth (to a rate of at least 15% per year)... surpassing the growth in production and fixed asset accumulation" (Coutinho;Belluzzo, 1996, p. 137). The advance of financialization and its detachment from production was linked to a "wave of deregulation and liberalization [that] was strong and reduced the turning radius of the National States" (Coutinho, 1996, p. 49).…”
Section: The Global Innovation and Productivity Dynamic At Crisis Timesmentioning
This article analyzes the recent changes in the global productivity and innovation dynamics and its impacts on the industrial and innovation public policies since the beginning of the millennium. Arguably, the main feature that singles out the current state of globalization is the strengthening of the financialization process. This has had significant impacts on transnational firms and the outreach of National States' actions. This article also discusses to what extent the Covid-19 pandemic is affecting the economy, the society, and the measures adopted by National States to face the current crisis. The role of new digital technologies in global changes, the industrial and innovation policies, especially in the health productivity and innovation system, are other discussion topics. Finally, this study highlights the structural changes in the global economy against the background of the Covid-19 pandemic and investigates the main challenges and opportunities for HEIC worldwide and in Brazil.
“…Mesmo não levando em consideração as necessidades imperativas de contenção do processo inflacionário e de inserção competitiva do Brasil na economia mundial e ainda apresentando um posicionamento de crítica em relação à condução da agenda de políticas governamentais após a estabilização monetária proporcionada pelo Plano Real, com a defesa da reorientação do programa de estabilização para a fundação de diretrizes voltadas o desenvolvimento industrial, Luciano Coutinho (1996) Nesse contexto, Franco (1998), sublinha a baixa participação da economia brasileira no comércio internacional como fruto da persistência em políticas industriais de substituição de importaçõestidas pelo autor como defasadase que dificultavam a integração do Brasil na economia mundial:…”
Section: -Primeiros Passos Das Privatizações No Brasilunclassified
This paper examines the redefinition of State and Market dynamics in Brazil, taking into account privatization processes conducted in the 1990s and highlighting the particularities regarding Companhia Vale do Rio Doce privatization. Departing from the business environment changes carried out by the globalization phenomenon, certain Brazilian capitalism specificities and both Neoliberal and National Developmentalist perspectives, this research aims to understand the extent of Federal Government influence in Companhia Vale do Rio Doce decision-making process during 1997-2011a period shortly after privatizationtraversing Fernando Henrique Cardoso (PSDB) and Luiz Inácio Lula da Silva (PT) governments. The investigation revealed that there are evidences of Federal Government interference in the company. The privatization model adopted by the PSDB Governments allowed a sort of government influence that had increased throughout the PT Governments with BNDES playing a key role in this process.
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