<p>In this book the authors assess the experiences of transition in Southern Europe, Latin America and Eastern Europe in order to determine what the conditions for successful transitions are. They argue against the "big bang" approach, espoused by many advisors to reforming countries, on the grounds that this approach bypasses the newly formed institutions of democracy that ultimately may undermine the necessary consensus to support painful economic reforms. The most successful reforms, they argue, have been those agreed upon through a process of democratic negotiation. A new democracy must offer politically important groups incentives to process their demands within the democratic institutional framework; otherwise, their support will be tenuous and the system may collapse under the strains incurred by painful economic reforms.</p>

Economic Reforms in New Democracies: A Social-Democratic Approach

Business & Money

PRZEWORSKI, ADAM

Pereira, Luiz Carlos Bresser

Maravall, José María

Economics

Cambridge University Press

<p>Brazil's minister of federal administration and state reform offers a new look at the economic crisis that seized that country and the rest of Latin America in 1982, the political consequences, and the economic reforms that were instituted in the mid 1980s but remain incomplete. He describes the crisis as one of the state and proposes a strategy by which a coalition of classes would work to improve market orientation and fiscal discipline while also building the capacity and governance of the state to protect the interests of the country and people. The solution, he says is more confidence in Brazil rather than in Washington or New York. Annotation c. by Book News, Inc., Portland, Or.</p>

Economic Crisis and State Reform in Brazil: Toward a New Interpretation of Latin America

Lynne Rienner Pub

After the 1994 Real Plan ended fourteen years of high inflation in Brazil, the country's economy was expected - mistakenly - to grow quickly. Luiz Carlos Bresser-Pereira discusses Brazil's economic trajectory from the mid-1990s to the present Lula administration, critically appraising the neoliberal reforms that have curtailed growth and proposing a national development strategy geared toward effective competition in the global marketplace. This title offers a reasoned critique of the neoliberal reforms that have curtailed economic growth in Brazil since the mid-1990s, informing a proposal for an innovative new development strategy.

Developing Brazil: Overcoming the Failure of the Washington Consensus

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Books by Pereira, Luiz Carlos Bresser