The process of capital accumulation in Brazil between 2010 and 2019: analysis through the balance of payments and the consequences on the labour market

• Grant number: 20/05975-3
• Support Opportunities: Scholarships in Brazil - Scientific Initiation
• Start date: January 01, 2021
• End date: July 31, 2021
• Field of knowledge: Humanities - Political Science
• Principal Investigator: Joelson Gonçalves de Carvalho
• Grantee: Diego Torres de Matos Orteiro
• Host Institution: Centro de Educação e Ciências Humanas (CECH). Universidade Federal de São Carlos (UFSCAR). São Carlos , SP, Brazil

Abstract

The Brazilian economy, in the last 25 years, has been going through a process of deindustrialization, in which the manufactoring industry has been losing ground in employment, in the generation of added value and in the export basket, together with a commercial and financial open, the which impacts its growth, as well as its behavior in the foreign markets. The former work aims to discuss the process of capital accumulation in Brazil, in the period of 2010 to 2019, which covers the height of new developentalist period, as well as its reversion to the liberal agenda. The discussion that seeks to be carried out is to analyses wheter the behavior of the balance of payments restricted or not the process of economic growth of Brazil during this period, given that, Brazil, in the form that its insertion on international markets has taken place, has historically suffered from the external constraint, in which the surplus produced internally is drained to outside, causing problems with the balance of payments, in the form of deficits, especially in the current transaction section. A growth contain has impacts on labor, mainly on its distribution by sectors of the economy, as well as on the wage level. Therefore, the aim is to analyses the behavior of Brazilian balance of payments in the mentioned period, in order to understand its repercussion on the internal accumulation process of the economy, as well as to analyses data regarding labor in Brazil, in order to verify haw this accumulation dynamics affected the labour market.