After achieving significant success until the 1970s, the Brazilian electric power sector stalled due to financial problems. The government promoted a shift toward a private ownership model and tried to entrust the market with creating a stable and efficient energy supply. However, the energy crisis highlighted the difficulties in this transition. This paper points out that the uncertainty inherent in the market‐based model increased information rent for the private companies and complicated the post‐privatization expansion scenario. Privatization driven by macroeconomic problems should be carefully reexamined, especially for public utilities with strong natural monopoly characteristics, since markets tend to fail to supply the socially optimal supply, thus directly affecting people's lives.
Brazil - Japan Relationship: A Partnership? (Henrique Altemani de Oliveira and Antonio Carlos Lessa) -- Global Environmental Governance and ODA from Japan to Brazil (Shuichiro Masukata, Cristina Y. A. Inoue, and Nanahira de Rabelo e Sant'Anna) -- Global Health (Rodrigo Pires de Campos and Saori Kawai) -- Trilateral Cooperation for Infrastructure (Akiko Koyasu and Danielly Ramos) -- Brazilian Workers in Japan and Public Policies for Promoting their Social Integration with a Focus on Basic Education to the Children (Mauricio Bugarin and Keiichi Yamazaki).
This is an open access book. Relations between Brazil and Japan progressed dynamically in the 1960s and 1970s, centering on the substantial complementarity between Japan's needing primary goods to sustain high economic growth and Brazil's seeking non-hegemonic investment to invigorate its resource potential. Now that this complementarity has lost significance, the two countries are restructuring their relations to protect shared values of democracy, freedom, the rule of law, and the need for maintaining good relations with both China and the United States. Analyzed here is the development of this renewed bilateral relationship in multiple directions: productivity, global environment and health, migration, and triangular cooperation in third countries' development. Facing the prospect of a declining population, Japan may become more open to international migration, but the experience with Japanese-descent Brazilian workers since the amendment of the migration control law in 1990 presents many lessons and challenges for the symbiosis of multicultural groups. Brazil, for its part, needs to address social inequality. To this end, it is fundamental to improve the quality of work. This book argues that Brazil and Japan can benefit from cooperation in managing those country-specific issues. It also discusses ways that Brazil and Japan can profit from coordinating action on global problems such as greenhouse gas reduction, mitigation of tropical diseases, healthy community building, and high-quality infrastructure for poverty reduction.
Long-Term Transition of Population and National Land System -- Transformation Processes of National Land Systems and Reconstruction Policy from a Spatial Economics Perspective -- Process of Recovery from the Great East Japan Earthquake with Pictures and Data -- Population Decline and Creative Reconstruction in Disaster-Affected Areas -- Reconstruction Based on Natural Resources -- Supply Chain Resiliency -- Regeneration of Physical and Institutional Infrastructure for Local Community -- Local Community as a Device for Regional Innovation -- Building Back Better to Overcome the COVID- 19 Pandemic and the Great East Japan Earthquake.
Access options:
The following links lead to the full text from the respective local libraries:
1 The Spatial Economics of Agricultural Development and the Formation of Agro-Industrial Value Chains: The Brazilian Cerrado(Akio Hosono, Nobuaki Hamaguchi, and Alan Bojanic) -- 2 Economic and Social Impacts of Cerrado Agriculture: Transformation for Inclusive Growth through Clusters and Value Chains(Akio Hosono) -- 3 Spatial Diffusion of the PRODECER Effects: A Macro-Spatial Approach(Nobuaki Hamaguchi) -- 4 Development of the Cerrado Stimulated by the Value Chain of Soybeans(Tetsuo Mizobe) -- 5 Land Use Expansion in the Brazilian Cerrado(Edson Eyji Sano) -- 6 Population Growth and Urbanization in the Brazilian Cerrado(Bernardo Campolina) -- Index
Access options:
The following links lead to the full text from the respective local libraries:
Introduction -- China-Latin America economic relations in the new millennium -- Japan's internationalization strategy and Latin America -- Economic relations between Korea and Latin America -- Summary and discussion
This book represents a valuable contribution to the study of Asia-Latin America relations from the unprecedented collaboration of leading Latin American specialists of China, Japan, and Korea, representing views from their respective countries. The academic literature on this topic remains quite limited in spite of rapid expansion of the interregional trade and investment and active engagements to institutionalize relationships in recent years. Especially, the views from Asian academic researchers have not been expressed often. This book reveals why the partnership between the two geographically distant regions has gained more importance recently. The authors also discuss some tensions arising from the intensifying relationship, including the concentration in a few commodities of Latin American exports and the competition of Latin American industry with Asian exports, as well as geopolitical problems.--
Ferraz, João Carlos ; Hamaguchi, Nobuaki: Introduction. - S. 383-399. Cantwell, John ; Santangelo, Grazia D.: M and As and the global strategies of TNCs. - S. 400-434. Dymski, Gary A.: The global bank merger wave. Implications for developing countries. - S. 435-466. Paula, Germano Mendes De ; Ferraz, João Carlos ; Iootty, Mariana: Economic liberalization and changes in corporate control in Latin America. - S. 467-496. Rocha, Frederico ; Kupfer, David: Structural changes and specialization in Brazilian industry. The evolution of leading companies and the M and A process. - S. 497-521. Hamaguchi, Nobuaki: Will the market keep Brazil lit up? Ownership and market structural changes in the electric power sector. - S. 522-552. Yeh Tsung-ming ; Hoshino, Yasuo: The impact of M and As on shareholder wealth. Evidence from Taiwanese corporations. - S. 553-563. Sohn Chan-Hyun: Corporate debt resolution and the role of foreign capital in the post-crisis restructuring of the Republic of Korea. - S. 564-586