Abstract
The insertion role of Brazil in the international scenario, in particular, the change regarding the foreign direct investment (FDI) in the country, is the main subject of this paper that seeks to demonstrate what occurred in the twenty-first century. The first 15 years of the new century saw an increase in the participation of Brazil in the multipolar scenario with China’s growing approach. After the coup d’etat of 2016, the country changed that trend and began to review its foreign partnerships, positioning itself as a representative of US interests in Latin America and seeking to distance itself from the group of former BRICS (Brazil, Russia, India, China, and South Africa) partners.
Highlights
The insertion role of Brazil in the international scenario, in particular, the change regarding the foreign direct investment (FDI) in the country, is the main subject of this paper that seeks to demonstrate what occurred in the twenty-first century
In the current context of the trade war between the United States and China, Brazil emerges as one of the main actors in Latin America to change its approach with the two powers
It seems to occur in the sense of realizing results.FDIs in Brazil seem to follow a logic of interests given by the conditions of the external scenario or eventual factors not immediately related to the economy, such as the local political conjuncture and social stability
Summary
In the current context of the trade war between the United States and China, Brazil emerges as one of the main actors in Latin America to change its approach with the two powers. Dependent on the United States since the mid-twentieth century, in intermittent and irregular cycles linked to the external interests of the northern power, Brazil, at the same time, through its diplomacy, sought the regional integration of the South American cone in institutional projects and development and has tightened relations with the great economic power of this century, China The success of these policies would make Brazil an important destination for direct investments in Latin America, as a result of participation in the BRICS, leadership among emerging countries in the international community, and an active participant in the G20. The data and documents used were obtained from the COMEXSTAT databases of the Brazilian Ministry of Foreign Affairs (http://comexstat.mdic.gov.br/en/home) of the Ministry of Economy, Industry, Foreign Trade and Services of Brazil (http://www.itamaraty.gov.br/en/) and the Central Bank of Brazil (https://www. bcb.gov.br/)
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