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Article Type: Research paper Purpose--Special attention is given to the political dimension of the bilateral relationship, including Brazilian perceptions regarding the DPRK's standing on multilateral issues such as human rights and nuclear proliferation. The article provides an additional contribution to the understanding of the DPRK's diplomatic engagement in Latin America. Design, methodology, approach--This paper is based on access to recently declassified documentation produced by the Brazilian Ministry of Foreign Affairs (MFA). Access to the documentation was made available via requests based on Brazil's 2011 Access to Information Law. The analysis discusses the evolution of Brazil's engagement with the DPRK since 2001. Findings--The analysis illustrates how Brazil's decision to provide diplomatic recognition to the DPRK in 2001 was part of a broader effort to engage with different Asian states. Bilateral relations expanded in the 2003-2016 period due to a foreign policy orientation that encouraged the expansion of Brazilian relations with the Global South. Practical implications--The research helps to understand the Brazilian decision to grant diplomatic recognition to the DPRK as well as the consolidation of bilateral relations in the two decades that followed, including the influence of multilateral issues on bilateral relations. Originality/Value: The article brings to attention primary sources that were previously unexplored. The paper sheds light into Brazil-DPRK and DPRK-Latin American relations, two understudied topics associated with the DPRK's international presence. [ABSTRACT FROM AUTHOR]

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China's rapid economic growth created new challenges and opportunities for Latin America over the 2000s. Much ink has been spilt analysing how countries in the region surfed the Chinese wave of commodity-based prosperity. However, there is fertile and quite unexplored territory to analyse how these regional powers in the Global South, from a comparative perspective, have interacted with China as they tried to improve their international position over the 2000s. We analyse in this article how Brazil and Mexico dealt with China's presence and strategic goals in Latin America and assess the outcomes they extracted from this relationship. We draw evidence from and offer comparisons across different presidencies in each country (Lula and Rousseff in Brazil, and Fox, Calderón, and Peña Nieto in Mexico) over the 2000s, which allows us to grasp the variation in ideology, governance style, and electoral legitimacy. We ground our theoretical framework in the concept of international insertion, a Southern-based framework that opens space to understand and explain how countries in the South behave in international politics from a different point of view. We claim that the efforts made by the national governments in both countries to improve their positions achieved limited or transitory results, if considering China as a strategic factor. [ABSTRACT FROM AUTHOR]

Capital stock is possessing pivotal importance in stimulating the economic growth and development of any country. Inward FDI is considered as one of the important catalysts of economic development particularly for the resource and capital poor countries. In this article we have examined the relationship between inward FDI and economic growth in case of one of the emerging economies of Latin America i.e., Brazil. We took annual time series data for the dependent and independent variables like inward FDI, per capita Gross Domestic Product (GDP), employment, capital formation, and exports for the period ranging from 1996 to 2019. We ran Ordinary Least Square Regression and Random Effect Regression Analysis for gauging the nature of relationship between the variables as well as for testing the robustness of the results. We found that FDI has a positive and significant relationship with GDP and the exports. Whereas, FDI has insignificant relationship with the employment and capital formation. The article holds an important policy implication for the other developing countries of Latin America; they need to attract good amount of inward FDI to achieve the robust economic growth and development. [ABSTRACT FROM AUTHOR]