Genel

SAO PAULO

0 4

SAO PAULO 

“It can not get any worse”

By Fatih Eren | 29 December 2010


 

Sao_paulo

I am going on analysing localities under global concern. A very problematic city, ‘Sao Paulo’, is going to be examined in detail in this volume.

Sao Paulo is located at the southern part of Brazil. With its population over 20 million, it is the largest metropolitan city of the country as well as the largest city of the South America. Sao Paulo is the gate of Brazil opening to the world. All foreign institutional investors have to visit this city in a way before doing an investment in Brazil because this big metropol is the leading financial, industrial and commercial centre of the country.

Before starting the examination of Sao Paulo as a global city, let’s have a look at the globalisation process of Brazil in general.

The year 1995 became a breaking point for Brazil in terms of globalisation. The State’s protectionist and inward-looking macro-economic policy turned liberal and outward-looking in 1995. In this context, several liberal economic reforms were put into practice after this date in the country. Thanks to these reforms, Foreign Direct Investments (FDIs) to the value of 45 billion dollars flew into the country in 2008 whilst the value of inward FDI flows was only 5 billion dollars in 1995.

Because of three main reasons, the Brazilian government has embraced a liberal economic policy since 1995: Firstly, the government wanted to modernize its macro-economy; secondly, it wanted to decrease unemployment rates in the country; and thirdly, it wanted to pay off all its public debt (total public sector debt was standing at more than 60% of GDP in 1995). Namely, the government considered that the only way to achieve these objectives was of attracting foreign finance capital into Brazil.

I could say that Brazil was not a country which submitted herself totally to globalisation process which was experiencing significantly in today’s world; but, it was a country which read this process in a true way. Brazil aimed to turn this process into its advantage so the country displayed a pragmatic attitude during its internationalization process. In other words, it tried to benefit as much as possible from opportunities which were provided by this inevitable process. For example, Brazil is going to host some international sport organizations in the near future (i.e. the World Cup in 2014, the Olympics in 2016). The country is expected to renew its insufficient infrastructure (esp. transportation and social service infrastructures) with foreign finance capital which will be obtained from these international events.

On one hand, Brazil provided her natural and cultural resources for the benefit of transnational investors and then became one of the ‘passive players’ of the globalisation process. On the other hand, Brazil followed a multilateral foreign trade strategy and then developed into a ‘playmaker actor’ which managed the globalisation process actively in the world. In the context of the multilateral foreign trade strategy, Brazil was worked for the realisation of regional integration into the continental of South America (i.e. The Common Market of the South-MERCOSUL, The Union of South American Nations-UNASUR). In addition, the country developed commercial relations with many countries (esp. US, the European Countries, Japan, China) and established diplomatic relations with varied international organizations (i.e. United Nations-UN, Organisation for Economic Co-operation and Development-OECD, The Organization of American States-OAS).

 

Want to Read More? 

Then, Please Click here to Download

 

Political Reflection (PR) Magazine (PDF | 4.638 KB)

 

* Published in the Fourth Issue of Political Reflection Magazine (PR).

 

 

About the author / 

CESRAN Int.

Leave a reply

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

CESRAN Blog

  • 24th Issue is Online Now!

    Vol. VI | No. III – July-August-September 2020 To Download the Magazine Click Here… CONTENTS 05-14….. World News by Ebru Birinci 17-24….. Preparedness for an Uncertain Future “The Only Thing We Have to Fear is Fear Itself” by Professor Mark Meirowitz 25-39….. EU LAW vs UK LAW The Primacy of EU Law over National Law:…

  • IEPAS2020 is Going Virtual!

    Dear Friends and Colleagues, IEPAS2020 is Going Virtual! Due to the COVID19 pandemic, we are holding our entire conference virtually by streaming all of the live sessions. You may participate in all of our virtual networking events. In case of missing a session, you may get full access to the replays of every session since all…

  • The 13th issue of JCTS (Journal of Conflict Transformation & Security) is out now…

    The 13th issue of JCTS (Journal of Conflict Transformation & Security) is out now… Vol. 8 | No. 1 | 2020 Click here to Download the Entire Issue   TABLE OF CONTENTS Editor’s Note By David Curran Introduction By Nergis Canefe Research Articles Statelessness as a Permanent State: Challenges to the Human Security Paradigm By…

  • The 19th Issue of The Rest: Journal of Politics and Development is Out Now!

    The 19th issue of the rest: journal of politics and development is out now. Download the issue here… TABLE OF CONTENTS Research Articles Turkish AK Parti’s Posture towards the 2003 War in Iraq: The Impact of Religion amid Security Concerns By Alberto Gasparetto Nigeria and the Great Powers: The Impacts of the Boko Haram Terrorism on…

  • CESRAN International Named again amongst the Top Think Tanks in the World

    CESRAN International is pleased to announce that it has been named again amongst the world’s best think tanks. The 2019 Global Go To Think Tank Index ranked CESRAN International 141st among the World’s “Top Think Tanks in Western Europe” 75th among the World’s “Top Environment Policy Think Tanks” 153rd among the World’s “Top Foreign Policy…

  • THE 18TH ISSUE OF THE REST: JOURNAL OF POLITICS AND DEVELOPMENT IS OUT NOW.

    The 18th issue of the rest: journal of politics and development is out now. Download the issue here… TABLE OF CONTENTS Research Articles The Foreign Policy Decision Making Approaches and Their Applications Case Study: Bush, Obama and Trump’s Decision Making towards Afghanistan and the Region By Sharifullah Dorani Evaluating the Explanatory Power of Social Identity Theory,…

Newsletter