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The “Quadruple Alliance,” 1960s–1990s

  • Marshall C. Eakin

Abstract

After the 1964 coup d’etat the Brazilian military made industrialization a top priority of the regime. This right-wing, nationalist regime pursued industrialization as a crucial means for making Brazil a “middle power” by the late twentieth century.1 To ensure economic expansion, the State extended its control over vital sectors of the economy, and assiduously courted foreign investment. In the 1970s, the so-called “triple alliance” of state, local, and foreign (multinational) capital emerged as a powerful force in the Brazilian economy.2 The convergence of a technocratic regime bent on industrializing the nation and multinational corporations seeking to establish manufacturing subsidiaries in the Third World produced the so-called Brazilian “miracle” of the late sixties and early seventies.

Keywords

Large Firm Family Firm Foreign Capital Political Elite Central Mina 
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Notes

  1. 1.
    Wayne A. Selcher, ed., Brazil in the International System: The Rise of a Middle Power (Boulder, Colorado: Westview Press, 1981); Thomas E. Skidmore, Politics in Brazil, 1930–1964: An Experiment in Democracy (New York: Oxford University Press, 1967).Google Scholar
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    Unless otherwise noted, the information in the following section comes from Claudio Bastos, Instituições financeiras de Minas (1819–1995) (Belo Horizonte: Embalart Editora, 1997), 20–42.Google Scholar
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    Roberto Pompeu de Toledo, ed., História do Unibanco (São Paulo: Instituto Moreira Salles, 1994).Google Scholar

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© Marshall C. Eakin 2001

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  • Marshall C. Eakin

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