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Transition Paths of Brazil from an Agricultural Economy to a Regional Powerhouse: A Global Supply Chain Perspective

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  • Fernando Coelho Martins Ferreira

    (Romain College of Business, University of Southern Indiana, Evansville, IN 47712, USA)

  • Cristiane Biazzin

    (Haile College of Business, Northern Kentucky University, Highland Heights, KY 41099, USA)

  • Paul C. Hong

    (John B. and Lillian E. Neff College of Business and Innovation, The University of Toledo, Toledo, OH 43606, USA)

Abstract

This study examines Brazil’s evolution from a primarily agricultural economy to a pivotal player within global supply chains, contesting the traditional view of emerging markets as mere suppliers of raw materials and labor. It closely examines Brazil’s assertive efforts and the obstacles it encounters, focusing on its role within the context of Latin America. Utilizing macroeconomic data, the research reveals the barriers to Brazil’s deeper integration into global supply chains and outlines novel strategies to enhance its global position. The findings highlight Brazil’s capacity to significantly influence and advance the global economic framework, emphasizing its vital role in redefining the narrative on global supply chain engagement from a Latin American perspective.

Suggested Citation

  • Fernando Coelho Martins Ferreira & Cristiane Biazzin & Paul C. Hong, 2024. "Transition Paths of Brazil from an Agricultural Economy to a Regional Powerhouse: A Global Supply Chain Perspective," Sustainability, MDPI, vol. 16(7), pages 1-24, March.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:7:p:2872-:d:1366785
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