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Brazil’s Agribusiness Economic Miracle: Exploring Food Supply Chain Transformations for Promoting Win–Win Investments

Author

Listed:
  • José Elenilson Cruz

    (Federal Institute of Education, Science and Technology of Brasília, Brasília 70830-450, Brazil)

  • Gabriel da Silva Medina

    (Faculty of Agronomy and Veterinary Medicine, University of Brasilia (UnB), Brasilia 70910-900, Brazil)

  • João Ricardo de Oliveira Júnior

    (Faculty of Management, Accounting and Economic Sciences, Universidade Federal de Goiás (UFG), Goiânia 74690-900, Brazil)

Abstract

Background : For many developing countries, agribusiness has become one of the main economic sectors, with the capacity to mobilize domestic and foreign investments. Despite the potential for development in countries like Brazil, the results of these investments in supply chains have not yet been systematically assessed. Methods : This study analyses foreign and domestic investments as an explanation for the recent growth of Brazilian agribusiness and evaluates the implications of different investment arrangements for the future development of the sector in the country. The research was based on a literature review of 12 agribusiness supply chains in Brazil. Results : Through a content analysis, the results reveal win–win situations with foreign and domestic investments supporting the streamlining of supply chains, mutually benefiting domestic and international groups and increasing the productivity of the entire sector. However, the results also reveal win–lose cases with chains and segments practically controlled by foreign multinationals in which local groups have practically no share. Finally, there are also cases of lose–win in which groups subsidized by the state are privileged in relation to others, compromising the sector’s growth. Conclusions : The current liberal business environment results in the need for a new vision of development based on win–win opportunities for domestic and foreign investments created by dynamic sectors such as agribusiness.

Suggested Citation

  • José Elenilson Cruz & Gabriel da Silva Medina & João Ricardo de Oliveira Júnior, 2022. "Brazil’s Agribusiness Economic Miracle: Exploring Food Supply Chain Transformations for Promoting Win–Win Investments," Logistics, MDPI, vol. 6(1), pages 1-19, March.
    • Handle: RePEc:gam:jlogis:v:6:y:2022:i:1:p:23-:d:771777
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    References listed on IDEAS

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    1. Gabriel Medina & Karim Thomé, 2021. "Transparency in Global Agribusiness: Transforming Brazil’s Soybean Supply Chain Based on Companies’ Accountability," Logistics, MDPI, vol. 5(3), pages 1-15, August.
    2. Mueller, Bernardo & Mueller, Charles, 2016. "The political economy of the Brazilian model of agricultural development: Institutions versus sectoral policy," The Quarterly Review of Economics and Finance, Elsevier, vol. 62(C), pages 12-20.
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    4. Frances Drake & Martin Purvis & Jane Hunt, 2004. "Meeting the environmental challenge: a case of win–win or lose–win? A study of the UK baking and refrigeration industries," Business Strategy and the Environment, Wiley Blackwell, vol. 13(3), pages 172-186, May.
    5. Economou, Fotini, 2019. "Economic freedom and asymmetric crisis effects on FDI inflows: The case of four South European economies," Research in International Business and Finance, Elsevier, vol. 49(C), pages 114-126.
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    Cited by:

    1. Francisco Tardelli da Silva & Ismael Cristofer Baierle & Ricardo Gonçalves de Faria Correa & Miguel Afonso Sellitto & Fernanda Araujo Pimentel Peres & Liane Mahlmann Kipper, 2023. "Open Innovation in Agribusiness: Barriers and Challenges in the Transition to Agriculture 4.0," Sustainability, MDPI, vol. 15(11), pages 1-14, May.
    2. Gabriel da Silva Medina & Rommel Bernardes da Costa, 2023. "Building Agro-Industrial Capabilities in the Sugarcane Supply Chain in Brazil," Logistics, MDPI, vol. 7(4), pages 1-14, October.
    3. da Silva Medina, Gabriel & Pokorny, Benno, 2022. "Agro-industrial development: Lessons from Brazil," Land Use Policy, Elsevier, vol. 120(C).
    4. Renato H. de Gaspi & Pedro Perfeito da Silva, 2024. "The Sectoral Politics of Industrial Policy Making in Brazil: A Polanyian Interpretation," Development and Change, International Institute of Social Studies, vol. 55(3), pages 398-428, May.

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