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SCOTT (COPY 1): From the John Holmes Library Collection.
This book analyzes Brazil's foreign relations, politics, domestic economy, international economic relations, and relations with multinational corporations. It identifies the balance-of-payments crisis in the late 1970s as the key to Brazil's economic and political future.
In this first overview of the Brazilian republican state based on extensive primary source material, Steven Topik demonstrates that well before the disruption of the export economy in 1929, the Brazilian state was one of the most interventionist in Latin America. This study counters the previous general belief that before 1930 Brazil was dominated by an export oligarchy comprised of European and North American capitalists and that only later did the state become prominent in the country’s economic development. Topik examines the state’s performance during the First Republic (1889–1930) in four sectors—finance, the coffee trade, railroads, and industry. By looking at the controversies in these areas, he explains how domestic interclass and international struggles shaped policy and notes the degree to which the state acted relatively independently of civil society. Topik’s primary concern is the actions of state officials and whether their decisions reflected the demands of the ruling class. He shows that conflicting interests of fractions of the ruling class and foreign investors gradually led to far greater state participation than any of the participants originally desired, and that the structure of the economy and of society—not the intentions of the actors—best explains the state’s economic presence.
The Cambridge History of Latin America is a large scale, collaborative, multi-volume history of Latin America during the five centuries from the first contacts between Europeans and the native peoples of the Americas in the late fifteenth and early sixteenth centuries to the present. Latin America: Economy and Society since 1930 brings together chapters from Parts 1 and 2 of Volume VI of The Cambridge History to provide a complete survey of the Latin American economies since 1930. This, it is hoped, will be useful for both teachers and students of Latin American history and of contemporary Latin America. Each chapter is accompanied by a bibliographical essay.