I - Summary and conclusions Savings and investment in the context of economic adjustment Domestic adjustement and its impact on savings and investment Economic policies and theis impact on savings and investment The implementation of economic policy after 1982 The effects of economic policies on savings and investment: major conclusions II - An overview of savings, investment, and growth from the post-war period to he first oil shock Introduction Brazil's economic performance in the 1964-74 period III - The impact of the debt crisis and external adjustment on savings, investment and growth The growth and structure of the external debt The balance of payments and the external adjustment process through 1985 Import substitution investment and Brazil's adjustment process The characteristics of Brazil's import substitution policies An evaluation of Brazil's import substitution investments and their impact on the balance of payments IV - Analysis of the domestic adjustment and its impact on savings, investment, and growth The nature of domestic adjustment An overview of the domestic adjustment in terms of the savings-investment identity The process of Brazil's domestic adjustment Conclusions V - Analysis of policy instruments used to effectuate economic adjustment and their impact on savings, investment and growth Policy instruments and the strategy of adjustment The implementation and effects of policy instruments on the domestic adjustment process in 1983-1985 A quantitative analysis of the impact of Brazil's economic adjustment policies on output and inflation Between the charybids of indexation and continued inflation and the Scylla of restrictive demand management policies Economic policy in 1985 and the Cruzado Plan Economic performance and policy formulation in the post-cruzado plan era: inflation and stagnation The summer plan of january 16, 1989 The effects of economic policies on savings and investment: a synthesis Statistical appendix Annex Bibliography Index