Dados is one of the most widely-read social sciences journals in Latin America. Created in 1966, it publishes innovative works, originating from academic research, by Brazilian and foreign authors. Edited by IESP-UERJ, it aims to reconcile scientific rigor and academic excellence with an emphasis on public debate based on the analysis of substantive issues of society and politics.
Dados vol. 42 n. 3 Rio de Janeiro 1999
Abstract
Brazils experience in the privatization of public companies belies explanations to the effect that the success of market-oriented economic reforms depends on the existence of an Executive branch endowed with the autonomy to conceive and impose strategies of change opposed by vested interests. The article contends that privatization has moved forward in Brazil despite the clear absence of an autonomous Executive, through a negotiated process of change that is part of an institutional context which multiplies both points of veto and actors holding veto power. As a consequence, success depends upon the interplay of pro- and anti-privatization interests, within institutional constraints, as well as upon relevant actors dominant ideas concerning the public sectors role and scope.
Keywords: economic reform, public companies, privatization
DOI: 10.1590/S0011-52581999000300002
Negotiating Reform: the privatization of public companies in Brazil
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