CIAO DATE: 06/2013
May 2013
Lowy Institute for International Policy
This is a story about two countries and two economies whose distance from each other meant that for many years their relationship was characterised by a mutual but largely benign neglect. Today, there is no question that Australia and Brazil have become more important to the future of the global economy, especially as Asia and the emerging economies take market share, and eventually geo-political influence, away from the G7 economies that have dominated the world’s international economic institutions. The question is, however, how important are they to each other? This report is a small step in the attempt to answer that question. In particular, it tries to shed some light on Brazil and its future importance to Australia and the world for an Australian audience. It does so by bringing together a series of perspectives on Brazil, its economic history and its place in the world economy.
Resource link: Great Southern Lands: Building ties between Australia and Brazil [PDF]