"Europe, Latin America, Mercosur, Brazil: some thoughts about trade"
Brazil is the main LA partner of the EU, more than 1/3 of trade flow between EU and LA (including Mexico) is between EU and Brazil. However, EU and Mercosur are struggling to sign a trade agreement due to protectionist fears from both sides. Why should we be concerned about trade agreements? Because trade can be good for growth and development, even though it should be managed in order not to have undesired results. Data show that trade between EU and Brazil is much more diversified and has a higher share of manufactured goods than trade between Brazil and China, for example. As a result it would be much more desirable from the development perspective for Brazil to increase trade with Europe than with China.
Adriana Schor is Assistant Professor at the Institute of International Relations at the University of São Paulo (USP). She holds a doctor degree in Economics from the same university. Adriana was a Research Fellow at the Center for International Development at Harvard University in 2001-2002 and at the Queen Elizabeth House at Oxford University in 2005-2006. In 2012 she spent a sabbatical year from USP at the German Institute for Global and Area Affairs in Hamburg. Her research focus is on international political economy, mainly trade policy and economic development.