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Perspectives for Cluster Development in Brazil: Reflections Relying on the Experience of the Pro-Northeast Initiative


  • Alexandre Rands

    () (Datamétrica Consultoria, Pesquisa e Telemarketing)


It is argued that although clustering policies have become fashionable lately, their applications demand many adjustments of culture and relationship among agents, which does not always occur in countries and regions trying to adopt such policies. Examples of some barriers to the success of such policies in Brazil are discussed here, which may condemn many of the initiatives under such policies strategies to failures. Some of these obstacles result from the culture of the country, developed along its most recent history. It is argued that the traditional dependency of the State on private agents and their lack of cooperative culture are the major obstacles to the success of such initiative.

Suggested Citation

  • Alexandre Rands, 2001. "Perspectives for Cluster Development in Brazil: Reflections Relying on the Experience of the Pro-Northeast Initiative," Working Papers 39, Datamétrica Consultoria Econômica, revised 2001.
  • Handle: RePEc:dtm:wpaper:39

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    References listed on IDEAS

    1. Allen Berger & Robert DeYoung, 2001. "The Effects of Geographic Expansion on Bank Efficiency," Journal of Financial Services Research, Springer;Western Finance Association, vol. 19(2), pages 163-184, April.
    2. Luigi Guiso & Paola Sapienza & Luigi Zingales, 2004. "The Role of Social Capital in Financial Development," American Economic Review, American Economic Association, vol. 94(3), pages 526-556, June.
    3. Granger, C. W. J. & Newbold, P., 1974. "Spurious regressions in econometrics," Journal of Econometrics, Elsevier, vol. 2(2), pages 111-120, July.
    4. Fredric S. Mishkin & Philip E. Strahan, 1999. "What Will Technology Do to Financial Structure?," NBER Working Papers 6892, National Bureau of Economic Research, Inc.
    5. Berger, Allen N. & Demsetz, Rebecca S. & Strahan, Philip E., 1999. "The consolidation of the financial services industry: Causes, consequences, and implications for the future," Journal of Banking & Finance, Elsevier, vol. 23(2-4), pages 135-194, February.
    6. Newey, Whitney & West, Kenneth, 2014. "A simple, positive semi-definite, heteroscedasticity and autocorrelation consistent covariance matrix," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 33(1), pages 125-132.
    7. Allen N. Berger, 2000. "The integration of the financial services industry: where are the efficiencies?," Finance and Economics Discussion Series 2000-36, Board of Governors of the Federal Reserve System (U.S.).
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    More about this item


    cluster development; pro-northeast initiative..;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill


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