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Core Issues Facing Brazil’s Quest towards Sustainable Growth
Raul Gouvea 한국라틴아메리카학회 2013 라틴아메리카연구 Vol.26 No.4
The new global economic order is creating an inflection point in the global economy. BRIC countries have experienced a shift in global wealth, resulting in an increase in their economic and political clout on a global scale. Reflecting these recent trends and changes, the Brazilian economy was ranked 6th in the world in 2012. Companies doing business in Brazil need to understand the nature of its economy and design strategies and policies to maximize their earnings in the Brazilian market. Brazil’s booming oil & gas industries, agribusiness, services, and manufacturing industries offer a high potential for companies willing to face Brazil’s many challenges, such as shortages of qualified labor force, and high taxes. Brazil’s booming middle class also poses a number of challenges for companies that need to tailor their offerings to a young and evolving middle class. At the same time, Brazil is also building a sophisticated and vibrant middle class that will increasingly demand products and services that resemble offerings found in traditional developed markets. Still, market efficiency and productivity enhancers will have to be addressed in order to make the Brazilian economy more competitive. This paper addresses Brazil’s core issues permeating its quest towards sustainable growth. The paper addresses the different dimensions of Brazil’s economic and social environments, paying heed to recent developments and driving forces shaping Brazil’s economy and society.
Brazil & China : Partners or Competitors? Designing Strategic Alliances in the Age of Uncertainty
Raul Gouvea,Manuel Montoya 한국라틴아메리카학회 2013 라틴아메리카연구 Vol.26 No.1
Brazil and China are rapidly developing a strategic alliance based on the two economies’ short and long-term strategic goals. This paper assesses the impact of China on the Brazilian economy and discusses the challenges and opportunities permeating this strategic relationship. This case study suggests that Chinese and Brazilian relations represent a paradigm shift in our conventional understandings of political and economic behavior. More specifically, it suggests that the growing interdependence between big emerging economies no longer requires for large Western economies to mediate the economic exchanges that shape the global agenda. Furthermore, we suggest that in spite of very strongly perceived competitive behavior, the increased interaction between these two nations and the institutionalization of economic ventures is compelling these nations to imagine themselves increasingly as partners in a newly conceived, socially distinct, transnational dimension. To explore the significance of this behavior, we employ perspectives on international trade and globalization, including a brief CAGE analysis, to characterize Sino-Brazilian relations in the context of the 21st century global political economy.