Degree Type

Honors Capstone Project

Date of Submission

Spring 5-1-2018

Capstone Advisor

Anoop Sadanandan

Honors Reader

Gladys McCormick

Capstone Major

International Relations

Capstone College

Arts and Science

Audio/Visual Component

no

Capstone Prize Winner

no

Won Capstone Funding

no

Honors Categories

Social Sciences

Subject Categories

Economics | International Relations | Political Science

Abstract

This paper examines the effects of international trade agreements on Brazil’s socio-economic and political development. It specifically analyzes multilateral trade agreements such as Southern Common Market (MERCOSUR), the World Trade Organization (WTO), bilateral agreement with the European Union and multilateral agreement with China, Russia, India and South-Africa (BRICS). This research uses Brazil as a case study because of its rapid growth, young democracy and important economic role it plays in the region and the world. The relatively recent date of Brazil’s trade liberalization, the 1991, allows comparing data on Brazil before and after it. The purpose of the research is to assess the effectiveness of trade agreements and international partnership as one of the means of development. This research is relevant to many developing countries, especially those struggling with low standards of living and unstable democracy. The paper analyzes various economic statistical data including but not limited to annual GDP growth, GNI, FDI, unemployment rate, HDI rate, GINI coefficient, poverty rate, infant mortality rate, life expectancy and Democracy Index. My research also includes the analysis of the scholarly works. Through the analysis of quantitative and qualitative data this research reveals that international trade agreements are highly beneficial not only for Brazil’s economic, but also political and human development.

Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.

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