Brazil Under Globalization: A Study in Political Economy

This book explores Brazil's economic story in the 21st century, highlighting the factors that contributed to its fast growth before the global financial crisis and the challenges it faces in the future. It advocates for industrial policy, reform of global economic engagement, and increased public investment to promote sustainable growth.

Format: Hardback
Length: 256 pages
Publication date: 29 February 2024
Publisher: Taylor & Francis Ltd

Before the global financial crisis, Brazil experienced rapid economic growth, but in recent years, its growth rate has declined. This book delves into the economic history of Brazil in the 21st century.

The book begins by examining how commodity exports, import substitution, social policy, and wage increases expanded the domestic market and encouraged investment. It then discusses the shortcomings of the growth model and Brazil's engagement with the global economy.

The volume continues by exploring Brazil's future trajectory, advocating for industrial policy rather than austerity measures, reforming its model of global economic engagement, and increasing public investment.

The book provides a comprehensive analysis of Brazil's economic challenges and opportunities in the 21st century, offering valuable insights for policymakers, scholars, and anyone interested in understanding the country's economic development.

Dimension: 234 x 156 (mm)
ISBN-13: 9781138235618