Brazil's rise and the role of big business

Doctor, Mahrukh

Abstract

The heart of Brazil’s recent rise in international relations lies in its growing influence in the global economic arena. This article evaluates one aspect of economic activity – the emergence of Brazilian transnational corporations. The article argues that an important legacy of decades of state intervention in the market fostered the successful internationalisation of big business in Brazil, impacting on Brazil’s international profile. However, this legacy also hampered its systemic competitiveness as evidenced by various international competitiveness rankings. The article concludes with some remarks on the long-run sustainability of Brazil’s current economic performance.

Citation

Doctor, M. Brazil's rise and the role of big business. Bologna Center journal of international affairs, 13,

• Journal Article Type: Article
• Online Publication Date: Apr 1, 2010
• Deposit Date: Nov 13, 2014
• Publicly Available Date: Nov 13, 2014
• Journal: Bologna Center journal of international affairs
• Peer Reviewed: Peer Reviewed
• Volume: 13
• Keywords: REF 2014 submission
• Public URL: https://hull-repository.worktribe.com/output/463765
• Publisher URL: http://bcjournal.squarespace.com/volume-13/brazils-rise-and-the-role-of-big-business.html
• Additional Information: Copy of article first published in Bologna Center journal of international affairs, 2010, v.13