Bringing the analysis of Brazil's economic performance up to date, Baer's classic text remains the only book in English to provide a thorough historical, statistical, and institutional description of the Brazilian economy. After touching on such issues as Brazil's early exporting economy, the impact of the industrialization process, and the historical struggle to bring inflation under control, the book turns to contemporary issues, the changing nature of Brazil's international trading and investment links, the process of privatization, environmental issues, and the economics of the health delivery system. Scholars, students, international institutions dealing with development, and corporate officers dealing with Latin America will welcome this up-to-date, definitive book on one of the world's largest economies.