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Influence of trade liberalization on the sources of the economic growth of Brazil
Colmenárez García, Anna Carolina ; Hnát, Pavel (advisor) ; Jiránková, Martina (referee)
This diploma thesis studies the influence of trade liberalization on the sources of the economic growth of Brazil. The theoretical part of this work presents some definitions of economic growth and characteristics from two basic economic growth models: the Solow model and the endogenous growth model. Regarding trade liberalization, some international trade theories are presented in this thesis, including the basis of protectionist measures, which are frequently implemented around the world. The practical part of this work analyzes the course of the Brazilian economy throughout different periods, where the GDP growth rate, sources of economic growth and the presence of protectionist policies are taking into account. Later on, the thesis reviews the trade liberalization process that Brazil experimented in the 1990s and how this process influenced the performance of the Brazilian GDP. For long time, the topics of positive effects of free international trade and the unavoidable globalization process have been on the table. Brazil enjoys conditions that are given for economic success. However, the question is whether Brazil will manage to make full use of these favorable conditions and handle the obstacles that come up along the way to its development, while enforcing free international trade and promoting its full liberalization aiming to positively influence economic growth.
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