The compass and the pendulum: development and international insertion of Brazil

Vol. 42 No. 2 (2022)

Apr-Jun / 2022
Published May 5, 2022
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Faria, Luiz Augusto E. 2022. “The Compass and the Pendulum: Development and International Insertion of Brazil”. Brazilian Journal of Political Economy 42 (2):283-303. https://doi.org/10.1590/0101-31572022-3278.

The compass and the pendulum: development and international insertion of Brazil

Luiz Augusto E. Faria
Professor Titular de Economia e Relações Internacionais da Universidade Federal do Rio Grande do Sul, Porto Alegre-RS, Brasil.
Brazilian Journal of Political Economy, Vol. 42 No. 2 (2022), Apr-Jun / 2022, Pages 283-303

Abstract

Changes in the development policies and the international insertion are analyzed.
Starting from 1980s crisis and the first neoliberal cycle, its failure and political change by
Workers Party administration, the work goes on examining PT’s “neodevelopmentalism”
and its aim on changing the country’s role in the international regime. Economic crisis begun
in 2014 and proceeded in the coup of 2016 and the return of neoliberalism. The analysis
goes on dealing with changing class interests and social forces balance of power making the
choice on “neodevelopmentalism” and neoliberalism.

JEL Classification: N46; O54; P16.


Keywords: Economic development Brazil’s international insertion economic policy neodevelopmentalism