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Brazil in the Global Market

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  • Gilmar Masiero

Abstract

Brazil’s entrance into the global sphere has been shaped by numerous factors, which include its strategies for economic development. After the 2008 Global Financial Crisis, Brazil, along with other Latin American economies, sought international integration via global value chains (GVCs) and free international trade, despite certain developed countries’ shift towards protectionist policies. This trajectory has fostered a subordinate role in the international financial arena, in which global capital dynamics heavily impact Brazil’s economic growth. Additionally, Brazil’s involvement in international associations like BRICS (a group comprising Brazil, Russia, India, China, and South Africa, alongside new members—Egypt, Ethiopia, Saudi Arabia, the United Arab Emirates, and Iran—that were officially added in 2023) has created new opportunities for cooperation and development among the participating nations. Brazil’s integration in the global sphere is the core discussion of the next item. The two following items discuss the inward and outward direct foreign investments in Brazil and its trade partners. Two other items briefly discuss the Asian, European, and American companies operating in Brazil. Brazilian multinationals and free trade areas are considered in the other two items of this chapter.

Suggested Citation

  • Gilmar Masiero, 2025. "Brazil in the Global Market," Contributions to Economics,, Springer.
    • Handle: RePEc:spr:conchp:978-3-031-87685-1_5
    DOI: 10.1007/978-3-031-87685-1_5
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