National Development and Regional Integration: the Brazilian Development Bank as an instrument of foreign policy during the Lula da Silva administration (2003-2010)

Abstract

This article analyses the role of the Brazilian Development Bank (BNDES) during the Lula government in the context of a renewed strategic vision of the state as a way to achieve a more prominent position for Brazil in the international system. In Amado Cervo's definition of the logistical paradigm, the state not only takes responsibility for economic stability, it also supports “diverse national interests”, such as those of the business community, which starts to receive extensive logistical, diplomatic and financial support for the internationalization of domestic businesses. As part of a broader strategy to forge stronger alliances in the South as a way of shifting power relations towards these countries' interests, Brazil sought greater cooperation and integration with its South American neighbours, strengthening these bonds in the political ambit and improving coordination with the aim of jointly forging national long-term development strategies in line with national and regional interests.

Keywords: Lula da Silva government; Brazilian Development Bank, Brazilian Foreign Policy.

Received on November 22, 2012. / Accepted on December 03, 2012.