BRAZIL AND ITS STRATEGIC POSITION IN MULTILATERAL DEVELOPMENT BANKS
This paper discusses Brazil's strategic position in multilateral development banks. Considering the emergence of two major geopolitical poles in the 21st century, expressed in the Sino-American rivalry, and the importance of multilateralism in this context, it is argued that Brazil...
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| Format: | Article |
| Language: | English |
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Instituto de Pesquisa Econômica Aplicada
2022-12-01
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| Series: | Revista Tempo do Mundo |
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| Online Access: | https://www.ipea.gov.br/revistas/index.php/rtm/article/view/393/339 |
| _version_ | 1797858303331532800 |
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| author | Marcos Vinicius Chiliatto |
| author_facet | Marcos Vinicius Chiliatto |
| author_sort | Marcos Vinicius Chiliatto |
| collection | DOAJ |
| description | This paper discusses Brazil's strategic position in multilateral development banks. Considering the emergence of two major geopolitical poles in the 21st century, expressed in the Sino-American rivalry, and the importance of multilateralism in this context, it is argued that Brazil is well positioned in three spaces: whether in institutions traditionally led by the United States; in the new banks of China's emerging leadership; or in exclusively Latin American ones. Due to its presence in these three spheres, both as a relevant shareholder and a strong borrower, Brazil has great capacity to play a constructive role in these institutions, proactively cooperating in the three spaces to make strategic use of these instruments to support its development. Finally, it is proposed to reinforce the Brazilian contribution to multilateralism through working on: i) governance coordination; ii) consider new capital contributions; and iii) contribute to funds managed by multilateral banks to support development agendas. |
| first_indexed | 2024-04-09T21:11:10Z |
| format | Article |
| id | doaj.art-b535182c780b42e4aa3e18c432a8abc8 |
| institution | Directory Open Access Journal |
| issn | 2176-7025 2675-150X |
| language | English |
| last_indexed | 2024-04-09T21:11:10Z |
| publishDate | 2022-12-01 |
| publisher | Instituto de Pesquisa Econômica Aplicada |
| record_format | Article |
| series | Revista Tempo do Mundo |
| spelling | doaj.art-b535182c780b42e4aa3e18c432a8abc82023-03-28T19:45:04ZengInstituto de Pesquisa Econômica AplicadaRevista Tempo do Mundo2176-70252675-150X2022-12-01295784http://dx.doi.org/10.38116/rtm29art2BRAZIL AND ITS STRATEGIC POSITION IN MULTILATERAL DEVELOPMENT BANKSMarcos Vinicius Chiliatto0https://orcid.org/0000-0001-6013-7947UnicampThis paper discusses Brazil's strategic position in multilateral development banks. Considering the emergence of two major geopolitical poles in the 21st century, expressed in the Sino-American rivalry, and the importance of multilateralism in this context, it is argued that Brazil is well positioned in three spaces: whether in institutions traditionally led by the United States; in the new banks of China's emerging leadership; or in exclusively Latin American ones. Due to its presence in these three spheres, both as a relevant shareholder and a strong borrower, Brazil has great capacity to play a constructive role in these institutions, proactively cooperating in the three spaces to make strategic use of these instruments to support its development. Finally, it is proposed to reinforce the Brazilian contribution to multilateralism through working on: i) governance coordination; ii) consider new capital contributions; and iii) contribute to funds managed by multilateral banks to support development agendas.https://www.ipea.gov.br/revistas/index.php/rtm/article/view/393/339multilateral development banksfinancing for developmentbrazil |
| spellingShingle | Marcos Vinicius Chiliatto BRAZIL AND ITS STRATEGIC POSITION IN MULTILATERAL DEVELOPMENT BANKS Revista Tempo do Mundo multilateral development banks financing for development brazil |
| title | BRAZIL AND ITS STRATEGIC POSITION IN MULTILATERAL DEVELOPMENT BANKS |
| title_full | BRAZIL AND ITS STRATEGIC POSITION IN MULTILATERAL DEVELOPMENT BANKS |
| title_fullStr | BRAZIL AND ITS STRATEGIC POSITION IN MULTILATERAL DEVELOPMENT BANKS |
| title_full_unstemmed | BRAZIL AND ITS STRATEGIC POSITION IN MULTILATERAL DEVELOPMENT BANKS |
| title_short | BRAZIL AND ITS STRATEGIC POSITION IN MULTILATERAL DEVELOPMENT BANKS |
| title_sort | brazil and its strategic position in multilateral development banks |
| topic | multilateral development banks financing for development brazil |
| url | https://www.ipea.gov.br/revistas/index.php/rtm/article/view/393/339 |
| work_keys_str_mv | AT marcosviniciuschiliatto brazilanditsstrategicpositioninmultilateraldevelopmentbanks |