Why Has Brazil Stopped Growing? Reverberation about the Brazilian Crisis

Abstract

This short paper briefs about the influence of the Brazilian exports to China in the economy and also points out, according to some experts in the subject, some ways to get out of the economic recession. The data were collected from secondary sources. The results show not only a dependence on Brazilian exports to China, mainly commodities, but also a general dependence on Brazilian commodities export worldwide. The research identifies that political stability and fiscal adjustment are the first steps to start getting out of the present crisis.

Populism pressure, public policies, and firm strategic choices: The case of Brazil

“…Since the mid‐2000s, China has assumed an increasingly vital role in propelling Brazil's domestic economic growth. Brazil's growing reliance on the Chinese economy constituted a pivotal factor in the nation's economic expansion during the 2000s (Klafke & Lages, 2017). However, the culmination of the commodity price cycle in 2011, due to China's economic deceleration, had an undeniable impact on the economies of all Latin American countries (Gruss, 2014).…”