The Curious Case of Brazil's Closedness to Trade

Although Brazil has become one of the largest economies in the world, it remains among the most closed economies as measured by the share of exports and imports in gross domestic product. This feature cannot be explained simply by the size of Brazi...

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Main Authors:	Canuto, Otaviano, Fleischhaker, Cornelius, Schellekens, Philip
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2015
Subjects:	EXPORT VALUE PROTECTIONIST MEASURES INVESTORS VALUE ADDED OPPORTUNITY COST CLOSED ECONOMIES URBANIZATION PRODUCTION INTERNATIONAL TRADE LAGS BARRIERS FINANCIAL CRISIS INCOME VALUE COMPETITIVENESS IMPORT VALUES TRADE BARRIERS MACROECONOMICS PURCHASING POWER EXCHANGE COMPARATIVE ADVANTAGES GDP PER CAPITA PROTECTIONIST DOMESTIC MARKET EXPORTS EXPORTERS ECONOMIC STRUCTURE INTERMEDIATE GOODS WORLD DEVELOPMENT INDICATORS DEVALUATION DISTRIBUTION VARIABLES OPENNESS TRADE OPENNESS TRANSACTION COSTS INPUTS TRADE SURPLUS SMALL COUNTRY ACTUAL VALUE EXPORT BASE PROTECTIONISM INTERNATIONAL BANK CLOSED ECONOMY SKILLED LABOR CAPITAL GOODS PRODUCTION PROCESS TRADE PUBLIC POLICY GDP GOODS COST REDUCTIONS ECONOMIES OF SCALE GLOBAL ECONOMY NATURAL RESOURCE DEVELOPMENT ECONOMICS DOMESTIC PRODUCTION SHARE MEASURE OF TRADE PRIVATE INVESTORS GLOBALIZATION WTO POLICY RESEARCH EXCHANGE RATE OPEN ECONOMY ACCESS INCOME LEVELS IMPORTS TRADE POLICY COMMODITY PRICES COMMODITY GROSS DOMESTIC PRODUCT AVERAGE TRADE PRICES DEVELOPMENT POLICY
Online Access:	http://documents.worldbank.org/curated/en/2015/04/24261200/curious-case-brazils-closedness-trade http://hdl.handle.net/10986/21840

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recordtype	oai_dc
spelling	okr-10986-218402021-04-23T14:04:05Z The Curious Case of Brazil's Closedness to Trade Canuto, Otaviano Fleischhaker, Cornelius Schellekens, Philip EXPORT VALUE PROTECTIONIST MEASURES INVESTORS VALUE ADDED OPPORTUNITY COST CLOSED ECONOMIES URBANIZATION PRODUCTION INTERNATIONAL TRADE LAGS BARRIERS FINANCIAL CRISIS INCOME VALUE COMPETITIVENESS IMPORT VALUES TRADE BARRIERS MACROECONOMICS PURCHASING POWER EXCHANGE COMPARATIVE ADVANTAGES GDP PER CAPITA PROTECTIONIST DOMESTIC MARKET EXPORTS EXPORTERS ECONOMIC STRUCTURE INTERMEDIATE GOODS WORLD DEVELOPMENT INDICATORS DEVALUATION DISTRIBUTION VARIABLES OPENNESS TRADE OPENNESS TRANSACTION COSTS INPUTS TRADE SURPLUS SMALL COUNTRY ACTUAL VALUE EXPORT BASE PROTECTIONISM INTERNATIONAL BANK CLOSED ECONOMY SKILLED LABOR CAPITAL GOODS PRODUCTION PROCESS TRADE PUBLIC POLICY GDP GOODS COST REDUCTIONS ECONOMIES OF SCALE GLOBAL ECONOMY NATURAL RESOURCE DEVELOPMENT ECONOMICS DOMESTIC PRODUCTION SHARE MEASURE OF TRADE PRIVATE INVESTORS GLOBALIZATION WTO POLICY RESEARCH EXCHANGE RATE OPEN ECONOMY ACCESS INCOME LEVELS IMPORTS TRADE POLICY COMMODITY PRICES COMMODITY GROSS DOMESTIC PRODUCT AVERAGE TRADE PRICES DEVELOPMENT POLICY Although Brazil has become one of the largest economies in the world, it remains among the most closed economies as measured by the share of exports and imports in gross domestic product. This feature cannot be explained simply by the size of Brazils economy. Rather, it is due to an economic structure reliant on domestic value chain integration as opposed to participation in global production networking. It also reflects more generally an export base that shows lack of dynamism. Opening up and moving toward integration into global value chains could produce efficiency gains and help Brazil address its productivity and competitiveness challenges. 2015-04-30T22:14:46Z 2015-04-30T22:14:46Z 2015-04 Working Paper http://documents.worldbank.org/curated/en/2015/04/24261200/curious-case-brazils-closedness-trade http://hdl.handle.net/10986/21840 English en_US Policy Research Working Paper;No. 7228 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Brazil
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	EXPORT VALUE PROTECTIONIST MEASURES INVESTORS VALUE ADDED OPPORTUNITY COST CLOSED ECONOMIES URBANIZATION PRODUCTION INTERNATIONAL TRADE LAGS BARRIERS FINANCIAL CRISIS INCOME VALUE COMPETITIVENESS IMPORT VALUES TRADE BARRIERS MACROECONOMICS PURCHASING POWER EXCHANGE COMPARATIVE ADVANTAGES GDP PER CAPITA PROTECTIONIST DOMESTIC MARKET EXPORTS EXPORTERS ECONOMIC STRUCTURE INTERMEDIATE GOODS WORLD DEVELOPMENT INDICATORS DEVALUATION DISTRIBUTION VARIABLES OPENNESS TRADE OPENNESS TRANSACTION COSTS INPUTS TRADE SURPLUS SMALL COUNTRY ACTUAL VALUE EXPORT BASE PROTECTIONISM INTERNATIONAL BANK CLOSED ECONOMY SKILLED LABOR CAPITAL GOODS PRODUCTION PROCESS TRADE PUBLIC POLICY GDP GOODS COST REDUCTIONS ECONOMIES OF SCALE GLOBAL ECONOMY NATURAL RESOURCE DEVELOPMENT ECONOMICS DOMESTIC PRODUCTION SHARE MEASURE OF TRADE PRIVATE INVESTORS GLOBALIZATION WTO POLICY RESEARCH EXCHANGE RATE OPEN ECONOMY ACCESS INCOME LEVELS IMPORTS TRADE POLICY COMMODITY PRICES COMMODITY GROSS DOMESTIC PRODUCT AVERAGE TRADE PRICES DEVELOPMENT POLICY
spellingShingle	EXPORT VALUE PROTECTIONIST MEASURES INVESTORS VALUE ADDED OPPORTUNITY COST CLOSED ECONOMIES URBANIZATION PRODUCTION INTERNATIONAL TRADE LAGS BARRIERS FINANCIAL CRISIS INCOME VALUE COMPETITIVENESS IMPORT VALUES TRADE BARRIERS MACROECONOMICS PURCHASING POWER EXCHANGE COMPARATIVE ADVANTAGES GDP PER CAPITA PROTECTIONIST DOMESTIC MARKET EXPORTS EXPORTERS ECONOMIC STRUCTURE INTERMEDIATE GOODS WORLD DEVELOPMENT INDICATORS DEVALUATION DISTRIBUTION VARIABLES OPENNESS TRADE OPENNESS TRANSACTION COSTS INPUTS TRADE SURPLUS SMALL COUNTRY ACTUAL VALUE EXPORT BASE PROTECTIONISM INTERNATIONAL BANK CLOSED ECONOMY SKILLED LABOR CAPITAL GOODS PRODUCTION PROCESS TRADE PUBLIC POLICY GDP GOODS COST REDUCTIONS ECONOMIES OF SCALE GLOBAL ECONOMY NATURAL RESOURCE DEVELOPMENT ECONOMICS DOMESTIC PRODUCTION SHARE MEASURE OF TRADE PRIVATE INVESTORS GLOBALIZATION WTO POLICY RESEARCH EXCHANGE RATE OPEN ECONOMY ACCESS INCOME LEVELS IMPORTS TRADE POLICY COMMODITY PRICES COMMODITY GROSS DOMESTIC PRODUCT AVERAGE TRADE PRICES DEVELOPMENT POLICY Canuto, Otaviano Fleischhaker, Cornelius Schellekens, Philip The Curious Case of Brazil's Closedness to Trade
geographic_facet	Brazil
relation	Policy Research Working Paper;No. 7228
description	Although Brazil has become one of the largest economies in the world, it remains among the most closed economies as measured by the share of exports and imports in gross domestic product. This feature cannot be explained simply by the size of Brazils economy. Rather, it is due to an economic structure reliant on domestic value chain integration as opposed to participation in global production networking. It also reflects more generally an export base that shows lack of dynamism. Opening up and moving toward integration into global value chains could produce efficiency gains and help Brazil address its productivity and competitiveness challenges.
format	Working Paper
author	Canuto, Otaviano Fleischhaker, Cornelius Schellekens, Philip
author_facet	Canuto, Otaviano Fleischhaker, Cornelius Schellekens, Philip
author_sort	Canuto, Otaviano
title	The Curious Case of Brazil's Closedness to Trade
title_short	The Curious Case of Brazil's Closedness to Trade
title_full	The Curious Case of Brazil's Closedness to Trade
title_fullStr	The Curious Case of Brazil's Closedness to Trade
title_full_unstemmed	The Curious Case of Brazil's Closedness to Trade
title_sort	curious case of brazil's closedness to trade
publisher	World Bank, Washington, DC
publishDate	2015
url	http://documents.worldbank.org/curated/en/2015/04/24261200/curious-case-brazils-closedness-trade http://hdl.handle.net/10986/21840
_version_	1764449409206059008

The Curious Case of Brazil's Closedness to Trade

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