Aspectos macroeconômicos da privatização no Brasil

Abstract

The paper first analyzes the recent privatization experience in Brazil, as well as the possible difficulties that privatization is bound to face in the near future. Following that there is an evaluation of the potential macroeconomic impact of the privatization process in Brazil. The use of asset transfers a.% a fiscal policy instrument is examined, in a war, that stresses the need to avoid certain macroeconomic misconceptions that have been frequently detected in the recent privatization, debate, not only in. Brazil but elsewhere. The possibility of restructuring the overindebted public sector's balance sheet through privatization is also analysed, as 71-ell as the possible impact of privatization on savings, investment and economic growth.