Brazil is the most populous economy in Latin America with the second highest GDP among the emerging BRIC economies, after China, and the second per capita GDP among the BRIC economies after Russia. The objective of this book is to provide a thorough historical, statistical, and institutional description of the factors that affect and are affected by Brazil¿s international trade and integration with the world economy. It includes a most recent account of what is presently going on in Brazil and the type of economy from which Brazil is emerging. The authors use Brazil as a case study and explain both the process and the outcome of international economic integration by analyzing in each chapter a different contributing factor to the benefits and costs from Brazil¿s economic interdependency with the world economy. This makes the reading of this book extremely valuable. The topics addressed in this book will increase the reader¿s awareness of the institutional, economic, and culturalforces that shape the dynamism of Brazil¿s international trade and integration with the world economy, and will continue to do so in future years.

Elias Constantine Grivoyannis is the Associate Professor of Economics at Yeshiva University in New York City. His current research interests are in the fields of Emerging Economies, International, Financial, and Labor Economics, Forensic Economics, and Economics Efficiency and Justice.  

1. Domestic Demand and Foreign Trade: the Brazilian Growth Trajectory- Roberto Alexandre Zanchetta Borghi, and  Fernando Sarti.- 2. The Competitiveness of Brazilian Manufacturing in Both, Domestic and International Markets- Marta dos Reis Castilho, Julia F. Torracca, and Fabio N. P. de Freitas.- 3. Restructuring and Economic Performance of Large Industrial Brazilian Groups in the Post-Privatization Period- Celio Hiratuka and Marco Antonio da Rocha.- 4. Innovation for Competitiveness in Brazil: An Overview of Recent Performance and Main Government Policies- Caio T. Mazzi and Newton K. Hamatsu.- 5. International Trade in Goods by Technological Intensity: The Brazilian Case, 1996-2010- Tulio Chiarini, and Ana Lucia Gonçalves da Silva.- 6. On the Latin America Decade- Jose Antonio Ocampo, Eduardo Figueiredo Bastian, Marcos Reis.- 7. A Comparative Analysis of Brazilian and Chinese Economic Performance from 1995 to 2012- Fernando Ferrari-Filho and Anthony Spanakos.- 8. The Economic Relationship between Brazil and China: Recent Trends and Prospects- Santiago Bustelo, and Marcos Reis.- 9. Balance of Payments Constrained Growth Model: The Brazilian Case over the Period 1980-2011- Rafael Saulo Marques Ribeiro.- 10. Why Does Brazil Have a Small Participation in the Global Value Chains? An Analysis of the External Insertion of the Brazilian Economy- Marcos Reis, and Daniel Sampaio.- 11. Mercosur and Brazil's  Trade Performance- Carlos Schönerwald, Júlia Brigoni Maciel, and Luiz Marcelo Michelon Zardo.- 12. Global Implications from an International Integration of the Brazilian Economy- Elias C. Grivoyannis.