Publication:
Inovar Auto: Evaluating Brazil's Automative Industrial Policy to Meet the Challenges of Global Value Chains

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dc.contributor.authorSturgeon, Timothy
dc.contributor.authorLima Chagas, Leonardo
dc.contributor.authorBarnes, Justin
dc.date.accessioned2017-12-05T19:25:45Z
dc.date.available2017-12-05T19:25:45Z
dc.date.issued2017-11
dc.description.abstractBrazil's automotive industry is unwell. Productivity and trade performance are low, consumer prices are high, local companies are bit players both at home and abroad, and innovation is almost nonexistent. The cumulative (opportunity) costs of Brazil's protectionist automotive policies, which have been in place in some form since the 1950s – while immeasurable – are certainly very high. However, it is not accurate to say that they have failed, since Brazil would probably not have an automotive industry today without them, at least not one that employs nearly 500,000 workers in the manufacturing sector. According to the most recent figures, 89 percent of vehicles sold in Brazil were produced in the country, and very recently, exports have surged to 30 percent of production. However, Brazil has a large trade deficit in automotive parts and components and finished vehicle exports are volatile, used mainly as a 'pressure relief valve' during downturns in the domestic market. Local content figures are not available, signaling a major flaw in the accountability and transparency of Brazil’s automotive industrial policy regime.en
dc.identifierhttp://documents.worldbank.org/curated/en/100851511798447023/Inovar-auto-evaluating-Brazils-automative-industrial-policy-to-meet-the-challenges-of-global-value-chains
dc.identifier.doi10.1596/28947
dc.identifier.urihttps://hdl.handle.net/10986/28947
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectAUTO INDUSTRY
dc.subjectGLOBAL VALUE CHAIN
dc.subjectAUTOMOTIVE TECHNOLOGY
dc.subjectMARKET TRENDS
dc.subjectINDUSTRIAL POLICY
dc.subjectSUBSIDIES
dc.subjectINCENTIVE SCHEME
dc.subjectRESEARCH AND DEVELOPMENT
dc.titleInovar Autoen
dc.title.subtitleEvaluating Brazil's Automative Industrial Policy to Meet the Challenges of Global Value Chainsen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleInovar Auto: Evaluating Brazil's Automative Industrial Policy to Meet the Challenges of Global Value Chains
okr.date.disclosure2017-11-28
okr.doctypePublications & Research
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/100851511798447023/Inovar-auto-evaluating-Brazils-automative-industrial-policy-to-meet-the-challenges-of-global-value-chains
okr.guid100851511798447023
okr.identifier.doi10.1596/28947
okr.identifier.externaldocumentum090224b085393ad9_2_0
okr.identifier.internaldocumentum28651256
okr.identifier.report121667
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/100851511798447023/pdf/121667-REVISED-Brazil-Public-Expenditure-Review-Brazil-in-Automotive-Globa.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryBrazil
okr.topicIndustry::Industrial Economics
okr.topicMacroeconomics and Economic Growth::Taxation & Subsidies
okr.topicPrivate Sector Development::Competition Policy
okr.topicScience and Technology Development::Technology Innovation
okr.unitWB Office: Brasilia
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