Vulnerabilidade do Comércio Agrícola Brasileiro

The high foreign debt and the chronic current account deficit force Brazil to produce significant trade surplus. Agriculture has been giving a great contribution as its export value has been growing at higher rates than economy other products; therefore there is a welcome agricultural trade surplus. However, to depend on agriculture as main source of exchange value puts the country in a vulnerable situation: the world demand for agricultural products is relatively decreasing, the agricultural trade prices and amounts variability are bigger than of industrialized products, and the agricultural terms of trade have been declining in the last 30 years. Such facts enable the conclusion that the justification of the substitution of imports model is pertinent again and that the increase in export amounts of agricultural products not necessarily imply the Brazilians welfare improvement.

Issue Date:
Mar 30 2005
Publication Type:
Journal Article
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Published in:
Brazilian Journal of Rural Economy and Sociology (Revista de Economia e Sociologia Rural-RESR), 43, 1
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Series Statement:
Volume 43
Number 01

 Record created 2017-04-01, last modified 2019-08-26

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