The Fall and Rise of the Brazilian Cotton Sector An Institutional Analysis of the Recent Success
Brazil has recently become the fifth largest producer and fourth largest exporter of cotton in the world. This success story is exceptional, as the Brazilian cotton production reached record low levels in the mid-1990s. Since then however, production has more than recovered owing to an impressive growth of 43 % during the last decade, which is high in comparison to the world average of 28 %. The p
