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21. The Next Step: Latin America's Growing Economies

Author:
Alejandro M. Werner and Oya Celasun
Publication Date:
04-2014
Content Type:
Journal Article
Journal:
Americas Quarterly
Institution:
Council of the Americas
Abstract:
Latin America has bounced back economically in the past decade. Between 2002 and 2012, the region has seen strong and stable growth, low inflation and improved economic fundamentals. As a result, the weight of the region in global economic output increased from about 6 percent in the 1990s to 8 percent in 2012. With that has come a greater voice in the global economy.
Topic:
Economics
Political Geography:
Brazil, Latin America, and Mexico

22. Brazil's Second-Best Financial Strategy

Author:
Seth Colby
Publication Date:
04-2014
Content Type:
Journal Article
Journal:
Americas Quarterly
Institution:
Council of the Americas
Abstract:
In November 2009, the cover of The Economist showed the iconic Christ statue overlooking Rio de Janeiro blasting off into outer space. This image, along with the cover headline, "Brazil Takes Off," represented the Carnaval-like euphoria about Brazil that infected journalists and financial markets at the time, buoyed by the country's impressive economic performance in the wake of the 2008 global financial crisis.
Topic:
Economics and Financial Crisis
Political Geography:
Brazil and Latin America

23. Celebrating Germany in Brazil — Dominica hosts the World Creole Festival — Tackling Mexico City's traffic jams —10 Things to Do in Antigua

Publication Date:
04-2014
Content Type:
Journal Article
Journal:
Americas Quarterly
Institution:
Council of the Americas
Abstract:
Prost, Brazil! Grab a stein-full of caipirinha and stroll down to Ipanema beach in your lederhosen—it's Germany-Brazil Year in Brazil. The yearlong festival, aimed at deepening German-Brazilian relations, kicked off in May with the opening of the German-Brazilian Economic Forum in São Paulo. “Brazil is one of the most successful new centers of power in the world,” says Guido Westerwelle, Germany's foreign minister. “We want to intensify cooperation with Brazil, not only economically but also culturally.” It's no surprise that Brazil, the sixth-largest economy in the world, has caught the attention of Europe's financial powerhouse. Brazil is Germany's most important trading partner in Latin America, accounting for $14.2 billion in imports in 2012. With some 1,600 German companies in Brazil providing 250,000 jobs and 17 percent of industrial GDP, it's an economic relationship that clearly has mutual benefits.
Topic:
Security, Economics, and Environment
Political Geography:
United States, New York, Europe, Brazil, Germany, and Mexico

24. The Defense Acquisition Trilemma: The Case of Brazil

Author:
Patrice Franko
Publication Date:
01-2014
Content Type:
Working Paper
Abstract:
Brazil is a puzzling new player in the global system. Emerging as a complex international actor, it has come to be seen as a significant economic competitor and dynamic force in world politics. But transformational changes in the economic and political realms have not been accompanied by advances in military power. While Brazil has entered the world stage as an agile soft power exercising influence in setting global agendas and earning a seat at the economic table of policymakers, its military capacity lags. The national security strategy announced under President Luiz Inácio Lula da Silva in 2008 intended to redress this power gap. President Dilma Rousseff 's 2011 White Paper—so detailed that it is called a "White Book"—provides the conceptual roadmap to achieve a new military balance. But military modernization is still a work in progress.
Topic:
Security, Defense Policy, Development, Economics, and Emerging Markets
Political Geography:
Brazil and Latin America

25. Comparing the Incidence of Taxes and Social Spending in Brazil and the United States

Author:
Nora Lustig, Timothy Smeeding, Sean Higgins, and Whitney Ruble
Publication Date:
03-2014
Content Type:
Working Paper
Institution:
Center for Global Development
Abstract:
We perform the first comprehensive fiscal incidence analyses in Brazil and the US, including direct cash and food transfers, targeted housing and heating subsidies, public spending on education and health, and personal income, payroll, corporate income, property, and expenditure taxes. In both countries, primary spending is close to 40 percent of GDP. The US achieves higher redistribution through direct taxes and transfers, primarily due to underutilization of the personal income tax in Brazil and the fact that Brazil's highly progressive cash and food transfer programs are small while larger transfer programs are less progressive. However, when health and non-tertiary education spending are added to income using the government cost approach, the two countries achieve similar levels of redistribution. This result may be a reflection of better-off households in Brazil opting out of public services due to quality concerns rather than a result of government effort to make spending more equitable.
Topic:
Economics, Political Economy, Monetary Policy, and Food
Political Geography:
United States and Brazil

26. Amazonian policy and politics, 2003-13: deforestation, hydropower and biofuels

Author:
Eduardo Viola and Larissa Basso
Publication Date:
04-2014
Content Type:
Working Paper
Institution:
Norwegian Centre for Conflict Resolution
Abstract:
In the period 2003-13 Brazil experienced important economic and political developments: it became a much more relevant international player; its economy entered the world's top ten; and society became more politically active and expressed its complaints more aggressively. Amazonian policy and the politics of the period developed in this context, and three issues played a central role. Firstly, a cutback in deforestation led to a decrease in Brazil's carbon emissions by around one-third, which is a unique situation in the world. Secondly, despite the region's hydropower potential, projects developed slowly due to new environmental requirements and societal opposition. Thirdly, the production of biofuels was greatly encouraged by the introduction of flexible-fuel vehicles technology, but lost momentum after the discovery of offshore oil reserves; and there was a heated debate about the relationship between the expansion of sugar-cane plantations and deforestation after the decline in deforestation demonstrated that such plantations were not its main cause. Analysis indicates that there were three trends in Amazonian environmental policy and politics during the decade: continuity of former policies (2003-05), an upward trend towards sustainability (2005-10) and a downward trend (2010-13). The results of the 2014 elections are key to predicting future developments.
Topic:
Economics, Environment, Human Rights, Politics, and Governance
Political Geography:
Brazil and South America

27. Rising powers in Africa: what does this mean for the African peace and security agenda?

Author:
Elling N. Tjønneland
Publication Date:
03-2014
Content Type:
Working Paper
Institution:
Norwegian Centre for Conflict Resolution
Abstract:
Much has been written about the role of the rising or emerging powers and their accelerating economic engagement in Africa. Much less is known about how they contribute to or impact on the African peace and security agenda. This report takes a comparative look at the roles of China, India, Brazil and South African in relation to the African Union and its African Peace and Security Architecture. Each of these four countries has a distinct commercial and corporate approach to Africa, despite a shared political commitment to South-South cooperation. However, as they extend their economic engagement they are becoming more sensitive to insecurity and volatility. The Asian and Latin American countries, which traditionally have strongly emphasised non-intervention, are gradually becoming more involved in the African security agenda. They are increasingly concerned about their image and reputation and the security of their citizens and business interests, and are becoming more prepared to act multilaterally and to work with others in facilitating security and stability. As an African power, South Africa plays a more direct role and has emerged as a major architect of the continent's evolving peace and security architecture. This report summarises elements from a broader research project on rising powers and the African peace and security agenda undertaken by CMI in cooperation with NOREF.
Topic:
Economics, Human Rights, International Cooperation, Regional Cooperation, and International Security
Political Geography:
Africa, India, Asia, South Africa, Brazil, and Latin America

28. Breakout Nations: In Pursuit of the Next Economic Miracles

Author:
Selim Erbagci
Publication Date:
02-2014
Content Type:
Journal Article
Journal:
Insight Turkey
Institution:
SETA Foundation for Political, Economic and Social Research
Abstract:
Breakout Nations: In Pursuit of the Next Economic Miracles In the last decade, the world has witnessed an unprecedented development of many countries. The speed of this process has not only caused surprise but also has generated questions: How did these countries manage such significant improvements? Why have some other countries failed to reach a similar level of success during the same period? How long could this rapid development last? Ruchir Sharma answers these issues, explaining the common reason for rapid development during the last decade and also the country-specific internal dynamics behind the rapid development of countries such as China, India, Brazil, Turkey, Russia, Mexico, and South Korea. Finally, He also identifies the potential breakout nations for the next decade.
Topic:
Development and Economics
Political Geography:
Russia, China, Turkey, India, Brazil, and Mexico

29. Robert A. Boland and Victor A. Matheson debate: Do megasports events contribute to economic development?

Author:
Robert A. Boland and Victor A. Matheson
Publication Date:
04-2014
Content Type:
Journal Article
Journal:
Americas Quarterly
Institution:
Council of the Americas
Abstract:
The urgency and scale of hosting can provide a needed boost to public investment and transform a country's image, infrastructure and business conditions beyond the games. BY ROBERT A. BOLAND Do megasports events contribute to economic development? Yes Following the 2014 World Cup? Read more coverage here. In the next two years, Brazil will host the three largest mega sports events in the world: the 2014 FIFA World Cup this summer, and then the Summer Olympics and Paralympics in Rio in 2016. Other nations in the Americas and across the globe will be watching to see if Brazil's hosting duties lead to broad-based, lasting growth, or are merely an expensive distraction. While history provides examples of both scenarios, hosting such megaevents can provide lasting and transformative value, including to developing nations. Megaevents can accelerate the process of planning for and executing much-needed public investment, while the host countries or cities can rebrand themselves as safe for investment and trade, and as a destination for tourism. For democratic governments, the construction blitz around megaevents can cut through political deadlock, representing the best available chance to quickly bring about focused and necessary change. The ability to develop infrastructure that can improve the quality of life, health and economic strength of the host nation is key. Hosts with plans focusing on self-improvement, investment and the enlargement of existing assets tend to fare better than countries that simply build competition venues.
Topic:
Development and Economics
Political Geography:
America and Brazil

30. Will Brazil Get What It Expects from the World Cup?

Author:
Ricardo Sennes
Publication Date:
06-2014
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
Like any other international mega-event, hosting the FIFA World Cup brings the promise of a positive long-term legacy for Brazil. It is a unique opportunity for visibility among more than 3 billion people worldwide who will either attend or watch the games on television. The exposure from the games has the potential to draw national and international investments before, during, and after the thirty-two teams compete for the Cup.
Topic:
Civil Society and Economics
Political Geography:
Brazil and South America