council of states Brazil's Perspective on the Global Economy

After emerging from the 2008 financial crisis relatively unscathed, Brazil's inevitable entrance into the club of major global powers is increasingly accepted. Stewart M. Patrick, senior fellow and director of the International Institutions and Global Governance program at the Council on Foreign Relations, and Carlos Simonsen Leal of the Brazilian Getulio Vargas Foundation discuss Brazil's perspective on global finance and international security. Simonsen says:

1. "Every sensible Brazilian" is worried about the actions of the U.S. Federal Reserve and European Central Bank. Brazil, having suffered through hyperinflation, believes their injection of liquidity into markets is "dangerous."

2. The exchange rates of the Chinese renminbi and the overvaluation of the real relative to the dollar are sources of concern for Brazil. "We are not protectionist at heart," argues Simonsen, "but if everyone is playing a game where they don't mind about liquidity and they want to devalue their currencies, we are not going to risk inflation."

3. Brazil is opening many new embassies and consulates. It is motivated not only by commercial diplomacy (cultivating broader markets for Brazilian exports), but also by a desire to have a benign influence on relations among countries. "After all, Brazil is a country that hasn't had a war in 150 years. Not many countries can say that."

4. Brazil is a strong supporter of democracy, and has many common interests with democracies. "We'd like to see democracy everywhere," says Simonsen.

5. Brazilians are divided about joining the United Nations Security Council. Opponents worry that it may be too costly, or that it's too early--or perhaps that if the time comes for Brazil to join the body, it will be because the Security Council is no longer powerful. For now, the Group of Twenty's elevation to the premier forum for global economic coordination has satisfied some Brazilian aspirations to flex its muscles around the world.

This video is part of The Internationalist, a series dedicated to in-depth discussions about leveraging multilateral cooperation to meet today's transnational challenges: http://www.youtube.com/playlist?list=...

http://www.cfr.org/brazil/brazils-per...

council of states Brazil's Perspective on the Global Economy
18 Likes	18 Dislikes
3,083 views views	93.6K followers
Non-profits & Activism	Upload TimePublished on 9 May 2012

Related keywords

policy genius,newsame,news turkey,marketaxess,foreigner say you will,market near me,economy of usa,thinking out loud,international drivers license,policy of truth lyrics,market bistro,cfr 21 part 11,institutions synonym,politics quiz,council of ministers in tamilnadu,tanka,news google,economy of myanmar,economy of india,thinking in java,tanki,politicspa,institutions in the philippines,politics of dancing,thinkpad x1 carbon,politics definition,thinkorswim,politics and war,foreigner,newspaper,brazil fire,think kaleida,cfr abbreviation,economy meaning,global entry application,council of ministers in india,global governance wzb,relations and functions,relationship goals,global entry interview,international space station,international 2019,relationship management,economy of china,global poker,politics and the english language,newspaper theme,global governance futures program,free,relationship,marketwatch,global supertanker,global governance sustainable development,tank trouble,policy analyst,relationship to the child,relationship definition,politics and prose events,tanker,global governance challenges,international spy museum,marketing,newsweek,cfr cluj vs celtic,council of ministers,tankini etam,international drive,council of scientific and industrial research,think about,relationship status,relationship meaning,international smoke,foreign key,institutions that govern international relations,newsroom izle,think different,global cash card,tankini femme,institutions using bizbox,international champions cup,global governance journal,tankini bon prix,institutions that are not covered by nstp,brazilian steakhouse,politics can be defined as,thinkpad,institutions of government,brazilian food,foreign exchange,market crates,news point,tankini,foreigner cantante,policy synonym,news corporation,council of europe,international news,institutions in tagalog,global industrial,foreign traduccion,institutions of global governance,global lending,economy of russia,think tank,economy meaning in bengali,relationship to applicant,marketing manager salary,news bg,foreigner canciones,councillor meaning,global entry renewal,institutions are structured,policy of containment,institutions of society,policy and procedure template,relationship synonym,market futures,global governance examples,tankini decathlon,global governance futures,market research,foreigner i want to know,international paper,tank girl,international monetary fund,brazilian jiu jitsu,foreign policy,policy analyst salary,councillor,think about us,economy of pakistan,market street mission,institutions of surveillance,global golf,economy of canada,politics of love,newsela,economy of turkey,institutions meaning,relationship advice,brazil currency,policy analysis,international airport,global entry login,tank stars,newspaper mockup,politics is,policy analyst jobs,thinking about it,market table,news world,policy brief,global governance issues,brazilian wax near me,international date line,brazilian grill,international driving permit,policy number,international baccalaureate,relationship quotes,tanki film,institutions and processes of government,economy of malaysia,newsroom,global governance pdf,council for leather exports,politics watchdog,tanks for stalin,global governance definition,relationship rules,foreign kidd keo,brazil news,newsnow,institutions definition,global governance advisors,institutions that play a role in globalization,council of ministers in india 2019,cfr incoterms,institutions are purposive,news in level,foreigner cold as ice,brazilian wax,international scout,council meaning in hindi,politics synonym,international market,news haber,politics and prose,policy holder name,brazilian wandering spider,market capitalization,economy of indonesia,global climbing day,council on foreign relations,global payments,cfr 21,global rph,global governance initiative,global regents,economy of bangladesh,global governance liberalism,council of architecture,policy tech,foreign letra,politics today,cfrb 1010,foreign office,counseling,global entry,globalization,economy of scale,think outside the box,brazil map,institutions using comlogik,brazil copa america,relationship marketing,policy of appeasement,councilman bodies,market cap,cf root,economy of germany,cfr meaning,institutions of surveillance meaning,tankini grossesse,cricbuzz,thinkglobal,relationship between science and technology,foreign affairs,foreign key django,politics for dummies,foreigner en español,relationship between society and culture,think 3 формы,policy of truth,politics1,cfr cluj,institutions examples,brazil rainforest,tank a lait,economy of vietnam,brazil flag,global leadership summit,international rescue committee,policy map,global governance for health,global governance and diplomacy,cfr chittagong port,council meaning in tamil,counselling,foreign key constraint is incorrectly formed,foreigner urgent,news in levels,news ne demek,economy of japan,market hotel,tankini armature,foreign language,thinking about you,marketplace,economy definition,relationship questions,market economy,policy link,policy in spanish,institutions in the community,tankini grande taille,marketo,politics news,market news,global governance in the 21st century,relationship with god,brazil president,think about скачать,council of nicea,policyholder,brazil vs peru,council meaning,global governance meaning,thinkers,tanki online,thinkmobiles,think about us скачать,cfr 211,tank gg,global connect,economy of sri lanka,cfrp,relationship of science technology and society,markets today,global governance institutions,marketing jobs,foreign affairs latinoamérica,international trucks,cfr vs cif,brazil soccer,brazilian blowout,relationship captions,policy definition,brazilian cheese bread,politics and prose bookstore,cfr vs fob,economy of iran,brazilian restaurant,thinking fast and slow,global map,councilor,newscientist,politics podcast,cfr 200,international mall,global citizen festival,tank top,international harvester,politics shoes,cfre,global governance tor vergata,cfrd,cfra,global governance institute,