Shaping Brazil's Petrochemical Industry: The Importance of Foreign Firm Origin in Tripartite Joint Ventures

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CEDLA, 1991 - Science - 253 pages
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During the Brazilian miracle (1967-1973), Brazil experienced impressive growth in GNP which exceeded 10% annually. One of the factors responsible for this was the existence of a triple alliance among the strong state bureaucracy, the influential national private bourgeoisie and the large number of foreign investors. The central question of this book is to what extent has industrial development in Brazil been influenced by the triple alliance in general, and tripartite joint ventures in particular during the '70s and '80s. Special attention will be given to the role of foreign transnationals. Using the petrochemical industry in Brazil as an example, Japanese, American and European participation in tripartite joint ventures is compared, focusing on two aspects: the stability of joint ventures structures in the tripartite model and the transfer of technology. This case study of the petrochemical complex of Camacari, located in the state of Bahia, shows that foreign firm origin plays a decisive role in the functioning of the tripartite model. Joint ventures with Japanese companies, which had arrived more recently in Brazil, lacked technological knowledge of petrochemical production, had a different corporate culture, and were more stable than those with American and European companies

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The development of the chemical industry in Brazil
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