| Popis: |
This chapter addresses the impact of the Trans-Pacific Partnership (TPP)-like policies on third countries, looking at the case of Brazil, one of the most important emerging economies. We argue that TPP-like agreements are a way to bypass resistance to neoliberal ordering in the World Trade Organization (WTO) through the institution of alternative fora. We investigate whether this type of agreement—or bilateral agreements with TPP-type standards—could represent a threat to Brazil’s state-led development mode and conclude they could significantly affect industrial policy, the role of state-owned enterprises, and foreign investment regulation while possibly also constraining Brazil’s policy space in areas such as intellectual property and the digital economy. We review a series of pragmatic moves by Brazil as it seeks to carve out a new role in global economic space during a period of rapid change. This evolving approach, we contend, could allow Brazil to engage in the 21st century economy while preserving the core of its state-led development model. |
