Leticia Pinheiro and Gabrieli Gaio have an excellent occasional paper on Brazilian foreign policy out through the Brazilian Studies Program at the University of Oxford’s Latin American Centre. Entitled, “The role of South-South Cooperation on Brazilian Regional Leadership and Global Protagonism”, the paper takes a careful look at the interplay between Brazil’s South American and South-South leadership activities, offering some very insightful analysis and one of the more penetrating and fruitful theoretical critiques to date. The abstract is below and the paper itself very much worth reading:
This paper seeks to discuss Brazilian regional policy by assessing what kind of leadership Brazil has been playing and the role played by the policy of South-South cooperation for development on the former. Our main argument is that although Brazil does play the role of a regional leader, a difference between regional leadership for matters of regional governance and regional leadership for global matters should be done. Besides we argue that, although not being necessary to be a representative of its own region to play a relevant role on the international scenario, being a Development Regional Leader, helps Brazilian global protagomism.
Leticia Pinheiro IRI/PUC-RioGabrieli Gaio
Occasional Paper No BSP-11-13
One of Brazil’s most important daily newspapers, O Estado de São Paulo, is publishing its entire archive of past editions online. The collection will begin with editions published in 1875 and will provide a very useful online resource for researchers interested in Brazilian public policy, politics, economics, history, culture and sport.
The Lula-era decision to push very hard on a South-South reorientation of economic geography and to support this through a massive expansion of Brazil’s diplomatic presence in Africa and Latin America is increasingly turning to the applied economic front. O Estado de São Paulo is reporting that the state-run National Bank for Economic and Social Development (BNDES) has just signed an agreement that will see Bradesco manage a US$200 million export-financing line of credit designed to help sell Brazilian capital goods in Africa and Latin America. While not a free ride for the importing countries, chances are the rates offered through the Bradesco facility will be slightly more attractive than found elsewhere and the credit easier to obtain, all of which may help gain new market share for Brazilian firms. The next question is if this will be enough to drive a surge in value-added exports in competition with suppliers such as China and India, and slow the pace of deindustrialization in Brazil.