China´s emergence in the global economy and Brazil
This paper focuses on the impact of China’s emergence on Brazil trade and investment flows and also on the policies and initiatives taken by the Brazilian public and private sectors seeking to meet the challenge raised by it. Based on this evidence alternative scenarios of future developments concerning China and its impact on Brazil will be outlined and Brazilian policies considered. The paper is divided into four sections. The first section describes the effects of China’s expanded role in the world economy on trade and investment flows from a Brazilian perspective. Section 2 examines the complementarity between trade and outward investment flows for Brazil and China. Diversion of foreign direct investment from Brazil to China is briefly considered. The third section focuses on Brazilian policies and China.The conclusive section centers on future developments concerning the Chinese economy and how they may effect Brazil and considers policy suggestions to complement what has already been done to face the challenges and exploit opportunities raised by China’s increasing role in the world economy.
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References listed on IDEAS
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- Mauricio Mesquita Moreira, 2004.
"Fear of China: Is There a Future for Manufacturing in Latin America?,"
IDB Publications (Working Papers)
45778, Inter-American Development Bank.
- Mesquita Moreira, Mauricio, 2007. "Fear of China: Is There a Future for Manufacturing in Latin America?," World Development, Elsevier, vol. 35(3), pages 355-376, March.
- Mauricio Mesquita Moreira, 2004. "Fear of China: Is there a future for manufacturing in Latin America?," Development and Comp Systems 0412008, EconWPA.
- Qian, Yingyi, 2002. "How Reform Worked in China," CEPR Discussion Papers 3447, C.E.P.R. Discussion Papers.
- Yingyi Qian, 2002. "How Reform Worked in China," William Davidson Institute Working Papers Series 473, William Davidson Institute at the University of Michigan.
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