Brazil : Trade Policies to Improve Efficiency, Increase Growth, and Reduce Poverty
This comprehensive report-actually four compartmentalized reports in one-- focuses on policies to improve Brazil's trade performance. Specifically, three questions are addressed: What are the merits of alternative trade liberalization or inte...
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| Format: | Foreign Trade, FDI, and Capital Flows Study |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2004/02/3032565/brazil-trade-policies-improve-efficiency-increase-growth-reduce-poverty http://hdl.handle.net/10986/14708 |
| Summary: | This comprehensive report-actually four
compartmentalized reports in one-- focuses on policies to
improve Brazil's trade performance. Specifically, three
questions are addressed: What are the merits of
alternative trade liberalization or integration options ?
What domestic policies should be adopted to enhance
Brazil's export response to trade openness? What policy
options in the area of international services trade
negotiations can improve access to foreign markets and
enhance the value of overall trade reforms? In Part 1,
Chapter 1examines regional, multilateral, and unilateral
trade policies. Chapter 2 overviews export performance,
surveys the overall policy environment facing potential and
actual exporters, and identifies the main areas where
policies could be improved to help enhance export
performance. Lastly, Chapter 3 discusses how regional and
multilateral negotiations can be used to support domestic
reform and improve access to foreign markets. Part 2
provides quantitative estimates to answer questions about
the efficacy of unilateral liberalization and multilateral
trade agreements. After an introductory chapter, Chapter 2
describes the model and data. Chapter 3 presents and
explains the policy results for Brazil, the implications for
the distribution of income, and the reallocation of output
among sectors. Results for other countries in the model are
also explained. The impact on partner and excluded countries
of the regional arrangements are also evaluated and compared
to the impact under multilateral trade liberalization.
Chapter 4 examines how the various trade policy options may
be combined to optimize the outcome for Brazil. The
conclusions are in Chapter 5. In Part 3, Chapter 1 briefly
discusses overall macroeconomic context and the arguments
for fostering greater export growth. Chapter 2 provides an
overview of export performance in recent years. This is
followed in Chapter 3 by an examination of the government
institutional environment for policy-making related to
exports. Chapter 4--the main section in this part-discusses
the policies affecting export behavior. An emphasis has been
placed on the results of interviews conducted with exporting
firms. The final section--Chapter 5--provides some
suggestions and recommendations for policies. In Part 4,
Chapter 1 provides a backdrop to this section. Chapter 2
describes the pattern of Brazil's trade in services,
drawing upon balance of payments statistics and data on
foreign direct investment inflows. Chapter 3 reviews
Brazil's services trade and investment policy in
services. Chapter 4 examines Brazil's export interests.
Chapter 5 provides an economic analysis of the choice
Brazil faces between regional and multilateral approaches to
liberalization of trade in services. Chapter 6 offers a
critical review of the rules of existing international
agreements on trade in services that are most relevant to
Brazil. Finally, Chapter 7 seeks to synthesize the insights
emerging from Chapters 2-6. |
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