Privatização e ajuste fiscal no Brasil

Abstract

This article analyses the Brazilian privatization program trying to identify what contributions it could make to the elimination of fiscal deficits_ It contains an assessment of federal government networth in the country's state enterprises and also an analysis of the most probable impacts of the sales proceeds on federal government accounts. The main conclusion is that privatization can not substitute fiscal adjustment or make it considerably easier The advantages of the pro gram lie mainly in the improvements it could bring to the allocative efficiency and competitiveness of the Brazilian economy.