To understand the dynamics of Brazilian economy in recent years, one has to assimilate the changes in the world economy, mainly in Asia. The incorporation of almost a billion of Asians into the market economy led to a profound change in the relations of prices between industrial products and mineral and agricultural commodities, in favour of the latter. This new dynamic of prices in international markets had an impact over our external commerce, resulting, since 2004, in very high incomes.
commodities; Brazilian Economy; China; economic growth
