Globalization in Brazil: responsible or spacegoat?

Vol. 28 No. 3 (2008)

Jul-Sep / 2008
Published July 1, 2008
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Kliass, Paul, and Pierre Salama. 2008. “Globalization in Brazil: Responsible or Spacegoat? Responsible or Spacegoat?”. Brazilian Journal of Political Economy 28 (3):371-91.

Globalization in Brazil: responsible or spacegoat?

responsible or spacegoat?

Paul Kliass
Doutor em Economia e funcionário do Ministério do Planejamento, Orçamento e Gestão, Brasil
Pierre Salama
Doutor em Economia e Professor da Universidade de Paris 13, França
Brazilian Journal of Political Economy, Vol. 28 No. 3 (2008), Jul-Sep / 2008, Pages 371-391


After the sequence of structural adjustments decisions suggested by the IMF, Brazilian economy became wider opened, as the consequences from financial globalization were stronger than those from commercial globalization. Nevertheless, social and economical reality didn’t show much improvement. On the contrary, figures on economic increase and inequalities show Brazil behind the average of developing countries. Even if the effects caused by “mondialisation” on weakened economies are well known, globalization can not be taken as the only guilty of weak economic increase, for maintaining the high level of inequalities or for the increase of precariousness. Responsibility must be searched on high inequalities in where operates “mondialisation”, on weakness of public policies, on irresponsible way of opening of the economy and in fiscal policy in favor of financial sector. Other countries have reached quite different results, once the have adopted different public policies, which goal was to establish control and reduction upon the negatives effects of globalization.

JEL Classification: O11; O19.

Keywords: Brazil mondialisation globalisation inequalities