Handbook of the International Political Economy of Energy and Natural Resources
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Handbook of the International Political Economy of Energy and Natural Resources

Edited by Andreas Goldthau, Michael F. Keating and Caroline Kuzemko

This Handbook offers a comprehensive overview of the latest research from leading scholars on the international political economy of energy and resources. Highlighting the important conceptual and empirical themes, the chapters study all levels of governance, from global to local, and explore the wide range of issues emerging in a changing political and economic environment.
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Chapter 25: Between global aspirations and domestic imperatives: the case of Brazil

Flavio Lira

Abstract

As an emerging economy, and part of the BRICS, one of the world’s prime clubs of emerging nations, Brazil is widely perceived as a pivotal country in the 21st century’s global political economy of energy. A front-runner of biofuels, championing renewables in transport and electricity generation, and an emerging player in the international oil economy, it epitomises the rapidly changing global energy landscape. Moreover, being a country of the ‘Global South’, Brazil finds itself at the forefront of a broader IPE power shift more generally. However, as this chapter argues, Brazil as an energy player remains undetermined when it comes to its domestic energy regime, which it is argued is by and large a function of non-linear domestic-level governance dynamics between the state and the market. This lack of consistency in the domestic energy policy regime prevents Brazil from fully reaping the benefits of a sizeable energy economy, considerable resource endowments and a relative absence of geopolitical disturbances.

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