GRM 2010 GRM 2011

Abstract Details

 
AUTHOR NAME
 
Family Name:
Mortean
 
First Name:
Jorge
 
ABSTRACT OF PAPER
 
Title of Paper:
COMPARATIVE ANALYSIS BETWEEN THE ECONOMIC POLICIES OF IRAN AND BRAZIL AND THEIR BILATERAL TRADE IN THE 1970s AND IN THE 2000s
 
Paper Proposal Text :
This paper proposes a new survey on the relations between Brazil and Iran from an economic point-of-view, noticing its historical trajectory, precisely from the decade of 1970 until nearly nowadays, bypassing also on the economic policies of both countries, since they also define the directions of a country in relation to their trade relations with the rest of the world. It is shown how economic policies adopted by both countries have been similar and complementary, which facilitates the development of bilateral relations, especially in economic and business fields. The economic and trade policies in the 1970s show how politically-austere governments formulated, on a Keynesian economical basis, ultra-nationalists development plans with goals extremely exaggerated, generating high (and therefore impayable) international loans, little financial return, rampant corruption, in addition to the two global oil shocks, which ended up driving Iran and Brazil into a giant crisis, leading to subsequent political changes in both countries. After 30 years, the decade of 2000s presents both Iranian and Brazilian democratic-ruled States being governed under a developmental populism way, which preaches by the complementarities between State and market, under a neo-structuralist vision that, taking as a starting point that neoliberalism was not enough to solve the problems of social inequalities in the beginning of that decade, then advocates the adoption of the strategy of "productive transformation with social equity" which might be able to promote a sustainable economic growth with better distribution of income. Regarding the bilateral trade, it is exposed how relations between Iran and Brazil have gone from the monotony of the pre-1979 period to the dynamism and plurality of the 2000s, through the reversal of the surplus in the trade balance, as well as through the diversity of products which were commercialized, since both countries, after 30 years, now are at the apex of their industrialization processes. Finally, the analysis of these two periods is made in order to raise awareness and reflection on how these relationships can be improved in order to provide mutual gains by expanding their spheres of regional influence, especially in economic terms. Opportunities and challenges are presented and it is hoped that this work contributed significantly beyond the academic sphere, thus to the formulation of a common agenda of the bilateral relations between Iran and Brazil.
 
 
 

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