This article aims to discuss the influence of the Brazilian siderurgic sector restructuring during the 1990s on local development. Social Sciences agenda have discussed the influence of these processes on production structures and on local employment level. Facing this challenge, local power is assuming a series of public policies to atract private investment. The theorethical framework is based on the New Regionalism Theory, a relatively rare approach on literature. The research which originated this case study was developed in a region named Steel Valley, Minas Gerais Department, Brazil. It analyses the influence of a siderurgic corporation restructuring on local labour market and local stakeholders role to articulate coalitions to promote development. Results show industrial sector decline in contradiction with services and commerce sectors growing. The cooperation network among local stakeholders is still limited in order to stimulate local economic growing.
productive restructuring; local labour market; local development; new regionalism theory; local stakeholders
