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Neo-development of underdevelopment: Brazil and the political economy of South American integration under the Workers' Party

Full text
Author(s):
Barbosa dos Santos, Fabio Luis
Total Authors: 1
Document type: Journal article
Source: GLOBALIZATIONS; v. 16, n. 2, p. 16-pg., 2019-01-01.
Abstract

This article critically assesses Brazil's role in the South American regional integration process. My hypothesis is that despite the rhetoric of Brazil's Workers' Party (PT) governments about a `new developmentalism' project to support 'post-neoliberal' regional integration, the structural continuities imposed by neoliberal macroeconomic policies have constrained all possibilities of overcoming underdevelopment. In the realm of regional integration, the driving force has been the internationalization of oligopolic Brazilian business in a process that promised Brazil a leadership role in the subcontinent. This frame has fostered business based on the overexploitation of labour and the destruction of the environment, enforcing trends that deepen the structures of economic dependency and social conflict. The political outcome of that process is that the PT has contributed to contain social pressures, both in the domestic and in regional contexts, as Brazil has played a moderating role in South America's so-called progressive wave. (AU)

FAPESP's process: 14/05549-3 - Neodesenvolvimentismo or neoliberalism: the meaning of the South American regional integration led by Brazil
Grantee:Fabio Luis Barbosa dos Santos
Support Opportunities: Regular Research Grants