Since the outset of the Real Plan, Brazil has made considerable progress in economic stabilisation, although privatisation has so far been incomplete. This study aims at answering a number of questions emerging from the Brazilian privatisation experience. To what extent have sell-offs been...

This paper describes the history, size and scope of the public enterprise sector in Brazil, using a variety of indicators and drawing from different interpretative sources. It shows that at least until the 1970s, state-owned enterprises contributed to the industrialization process and to fiscal...