Brazil Inc.
in Brazil in the world
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The mechanisms through which Brazil Inc. has moved out into the world is complex and variagated, involving obvious foreign policy and state financing initiatives and integrated cooperation amongst Brazilian firms and trail-blazing by some of the larger former state-owned and private enterprises. This chapter begins with a review of the liberalization of the Brazilian economy in the 1990s before turning to shifts in foreign direct investment patterns of the Lula era. These elements then set the stage for an exploration of how foreign policy iniatives have supported the internationalization of the Brazilian economy as a strategy for advancing national development and how the outward expansion of the economy has supported growth of Brazil's influence in South America, Africa and beyond. The dense networks of Brazilian corporate ownership captured by Sergio Lazzarini's 'capitalism of linkages' had an important impact on the internationalization of Brazilian business.

Brazil in the world

The international relations of a South American giant


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