While academic and popular debates tend to focus on differential benefits and costs of trade across countries or industries, this brief highlights winners and losers at the level of individual firms. The authors demonstrate that preferential liberalization produces concentrated benefits among a relatively small number of very large and productive firms.
Pablo M. Pinto, Leonardo Baccini, Stephen WeymouthNovember 21, 2017
Brazil's economy is among those most closed to foreign trade. Debate on trade policy has returned to the political agenda, but domestic and international circumstances do not currently favor reform. This brief discusses the outlook for trade policy reform in Brazil during President Michel Temer's term and the challenges that will be faced by any succeeding government.
This issue brief examines the various foreign policy strategies advanced by Worker’s Party-led administrations in Brazil since 2003. The brief also analyzes the current political and economic crises that have increased strain on the party’s leaders.
Pedro da Motta Veiga, nonresident fellow for the Latin America Initiative, and Sandra Polónia Rios, director of the Centro de Estudos de Integração e Desenvolvimento, discuss the shift away from protectionism in Brazil's trade negotiations.
Pedro da Motta Veiga, Sandra Polónia RiosAugust 27, 2015
What happens when Saudi Arabia, the world’s swing producer of oil, rejects its traditional market-balancing role? The job falls to American shale oil producers, which, initial data show, appear to be assuming the Saudi role.
South America is likely facing a "second wave" of Chinese investment. How will China's rise to global economic power — and its transition to a new economic growth model — impact South America?
A growing number of Brazilian companies are expanding internationally. These companies are part of the transformation reshaping the global investment environment. They have shifted their international strategy from being based exclusively on exports to becoming foreign investors in countries such as Peru, Chile, Colombia and Mexico.