International Financial Capital and the Brazilian Land Market
Bibliographic Data
| ID | 4958546 |
|---|---|
| Authors | Maria Luisa Mendonça, Fábio Teixeira Pitta (0000-0002-5460-9669) |
| Year | 2018 |
| Volume | 45 |
| Issue | 5 |
| Pages | 88-101 |
| Publication date | 2018-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Latin American Perspectives (JOURNAL) |
| Journal identifiers | ISSN: 0094-582X • E-ISSN: 1552-678X |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0094582x17713180 |
| OpenAlex | W2730046956 |
| Language | EN |
| Citations received | 6 |
| References cited | 3 |
International financial capital stimulated the production of industrial agricultural supplies in Brazil during the foreign debt crisis of the 1980s. In the mid-1990s new financial sources became available for debt rollovers, and this fueled a new cycle of industrialization in agriculture. This trend intensified in the years that followed, when commodity prices were high on the international markets. It led to an increase in the concentration of capital in agricultural assets such as machinery and land, which in turn generated a new cycle of indebtedness for agribusiness. This process of crisis accumulation was marked by the overexploitation of labor and predatory control over natural resources. Capitais financeiros internacionais de empréstimo fomentaram a internalização da produção de insumos industriais agrícolas no Brasil, em um período que coincide com a crise da dívida externa brasileira na década de 1980. A partir da metade da década de 1990, a retomada dos financiamentos para a rolagem de dívidas promoveu um novo ciclo de industrialização da agricultura. Esta tendência se acentuou nos anos posteriores durante o período de alta dos preços das commodities no mercado internacional e fomentou o aumento da concentração de ativos financeiros na forma de maquinário e terras, gerando um novo ciclo de endividamento para o agronegócio. Este processo de crise-acumulação é marcado pela superexploração do trabalho e pelo controle predatório de recursos naturais
Capital (architecture) · Debt · Economics · Economy · Geography · Welfare economics · Agriculture, Land Use, Rural Development · Finance · Land Rights and Reforms · Rural Development and Agriculture
| Unique citing works | 6 |
|---|---|
| Citations per year | 0,86 |
| Citation span | 2019 - 2023 (5) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 4 |