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When Land Meets Finance in Latin America: Some Intersections between Financialization and Land Grabbing in Argentina and Brazil

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  • Jorge Garcia-Arias

    (Departamento de Economía y Estadística, Campus de Vegazana, Universidad de León, 24072 León, Spain
    Department of Development Studies, SOAS, University of London, 10 Thornhaugh Street, Russell Square, London WC1H 0XG, UK)

  • Alan Cibils

    (Área de Economía Política, Instituto de Industria, Universidad Nacional de General Sarmiento (UNGS), Los Polvorines, Buenos Aires B1613, Argentina)

  • Agostina Costantino

    (Instituto de Investigaciones Económicas y Sociales del Sur, Universidad Nacional del Sur (UNS), Avenida Colón 80, Bahía Blanca, Buenos Aires B8000, Argentina
    Instituto de Investigaciones Económicas y Sociales del Sur–Consejo Nacional de Investigaciones Científicas y Técnicas (CONICET), Universidad Nacional del Sur (UNS), Buenos Aires B8000, Argentina)

  • Vitor B. Fernandes

    (Instituto Governança de Terras (IGT), Campinas 13026-511, SP, Brazil)

  • Eduardo Fernández-Huerga

    (Departamento de Economía y Estadística, Campus de Vegazana, Universidad de León, 24072 León, Spain)

Abstract

Financialization is one of the most relevant processes embedded in the functioning and evolution of the contemporary capitalist model and presents differential characteristics in the peripheral economies of the world-system. In turn, land grabbing is also one of the most relevant phenomena taking place in the field of farmland and land use, with particular significance also within the Global South. After presenting an in-depth analysis of both phenomena for Latin America, we specifically study the case of the two Latin American countries (Argentina and Brazil) where land grabbing has a greater qualitative and quantitative importance. In our article, we analyze the main interrelationships between both processes and show how financialization has played a fundamental role (together with the policies designed and the de-regulations implemented by respective states, and the participation of other domestic actors) in the land grabbing process in both countries.

Suggested Citation

  • Jorge Garcia-Arias & Alan Cibils & Agostina Costantino & Vitor B. Fernandes & Eduardo Fernández-Huerga, 2021. "When Land Meets Finance in Latin America: Some Intersections between Financialization and Land Grabbing in Argentina and Brazil," Sustainability, MDPI, vol. 13(14), pages 1-37, July.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:14:p:8084-:d:597567
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    References listed on IDEAS

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