Les défis de l'influence de la Chine sur le développement du Brésil. Avantages comparatifs et conflit distributif
This essay studies the impact of China’s economic development on the Brazilian economy, starting from the compromise on income distribution of the Lula presidency aimed at fiscal orthodoxy while attempting to revamp the growth of the domestic market. The sectoral consistency of Brazil’s development is linked to the distributive conflict. We conclude that a neodevelopmentalist strategy is required in order to attain the objective of a coherent productive structure. In this context, Brazil’s capacity to face up to the challenge of China’s industrial exports to its domestic market depends upon the formulation of a new compromise on income distribution. Indeed, a more progressive fiscal stance would be needed in order to implement the neostructuralist policy in a framework of regional integration.
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