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Brazil's Industrial Development and the Success of Embraer
The chapter explores Brazil's history of Import Substitution Industrialization policies and the establishment of Embraer, a renowned aviation manufacturer, amidst the country's transition. It discusses Brazil's military dictatorship's role in fostering Embraer's growth, the significance of the CTA in its development, and contrasts Embraer's success with other aviation companies like FMA. The chapter also delves into the impact of Embraer on Brazil's economy, challenges faced post-1990s, and the country's new industrial policy attracting investments in manufacturing.