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Trade Liberalization, Space, and Regional Development

In: Economic Development in Latin America

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  • Eduardo Haddad

Abstract

Despite some remarkable improvements in the last few years, trade liberalization in Brazil is still modest compared to other countries. The Brazilian international trade coefficient, measured by the sum of imports and exports, is still much lower than that observed for countries with a similar national income. This factor (although not alone) has restricted the growth of the Brazilian economy. One of the major elements of the trade liberalization process the Brazilian economy has undergone is concerned with its trading relationships in a growing context of regionalism. This was energized after the creation of MERCOSUR in the early 1990s, and is still in the process of negotiation, aimed at the geographic expansion of trade agreements with partner countries. For either economic or political reasons, Brazil has sought different regional integration strategies in an attempt to foster economic development.

Suggested Citation

  • Eduardo Haddad, 2010. "Trade Liberalization, Space, and Regional Development," Palgrave Macmillan Books, in: Hadi Salehi Esfahani & Giovanni Facchini & Geoffrey J. D. Hewings (ed.), Economic Development in Latin America, chapter 13, pages 201-216, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-29738-8_13
    DOI: 10.1057/9780230297388_13
    as

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