Vulnerabilidade do Comércio Agrícola Brasileiro Reportar como inadecuado

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The high foreign debt and the chronic current account deficitforce Brazil to produce significant trade surplus. Agriculture has beengiving a great contribution as its export value has been growing at higherrates than economy other products; therefore there is a welcome agriculturaltrade surplus. However, to depend on agriculture as main sourceof exchange value puts the country in a vulnerable situation: the worlddemand for agricultural products is relatively decreasing, the agriculturaltrade prices and amounts variability are bigger than of industrializedproducts, and the agricultural terms of trade have been declining in thelast 30 years. Such facts enable the conclusion that the justification of thesubstitution of imports model is pertinent again and that the increase inexport amounts of agricultural products not necessarily imply the Brazilianswelfare improvement.

Keywords: terms of trade ; agriculture ; external vulnerability.

Subject(s): Agribusiness

Issue Date: Mar 30 2005

Publication Type: Journal Article

PURL Identifier: Published in: Brazilian Journal of Rural Economy and Sociology (Revista de Economia e Sociologia Rural-RESR), Volume 43, Number 1 Page range: 9-28

Total Pages: 20

JEL Codes: Q17

Series Statement: Volume 43

Number 01

Record appears in: Sociedade Brasileira de Economia, Administracao e Sociologia Rural (SOBER) > Brazilian Journal of Rural Economy and Sociology (Revista de Economia e Sociologia Rural-RESR)

Autor: Carvalho, Maria Auxiliadora de ; Silva, César Roberto Leite da


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