Page 597 - Economia Azul - versão: inglês

but also for offering legal and economic context where there is a displacement of

Figure 1 – Brazilian GDP growth security for the development of activities in the world economy to the Pacific basin, in
commercial, or capitalist, risk patterns. The addition to having a role focused on com-
difficulty is that Brazil, despite all its poten- modities, reinforcing its vocation.
15,0 tial and other Latin countries, has never The problem of financing, therefore,
12,5 shown itself to be the center of global geo- is delicate and strategic for the Brazilian
political interests, especially in the current economy as a whole.
10,0
7,5 3. Financing of sustainable projects and actions
(%) 5,0 The writer Jules Verne, still in the 19th in everyday life and in civilian life with

2,5 century, imagined interplanetary voyages possibilities for substantial improvement
and also voyages to the bottom of the sea. in product performance and industry in-
0,0
What was not the natural environment of tegration. Adventures, therefore, always
-2,5 humanity has always challenged the imagi- generate significant knowledge and new
-5,0 nation, as well as encouraged the most dar- solutions: the natural environment pro-
1932 1937 1942 1947 1952 1957 1962 1967 1972 1977 1982 1987 1992 1997 2002 ing to think of solutions to make viable what vides us with challenges to be overcome
was only fiction. The human race, within its
through ingenious solutions.
GDP 10 por. Mov. Aver. (GDP) level of intelligence and persistence, has al- On the other hand, the actors involved
ways found solutions to its challenges. in the mission were nations that from an
Still in 2021, three space missions arrive economic and technological point of view,
Source: Published in Carvalho and Lima (2009) based on data from Ipeadata
at Mars, taking advantage, among other at best, were on the same level as Brazil 40
The first alternative is private capital. capturing revenue, admittedly regressive, things, of the recent proximity of the red years ago. The geopolitical reality chang-
This segment has never been relevant in and in the profile of expenses, and that the planet to Earth. The congestion of spacecraft es in four decades and we are caught in
Brazil, partly due to the lack of financial ed- expenses with the rescue of the past, social on Mars draws attention to the countries inferiority in the face of nations that have
ucation, especially related to insurance and security, social assistance, and work, occu- involved: the United States, China and the directed resources to the objectives that
pension plans, long-term loanable funds, py a disproportionate share, even if they United Arab Emirates, a list that 2 decades force them to revolutionize technologies.
but also due to the low per capita income, are necessary, in relation to productive ex- ago would have been difficult to imagine and For Brazil, reaching them at this moment is
a consequence of the low productivity and penditures, focused on the future, such as 4 decades ago would have been simply un- very difficult due to the lag and lack of re-
qualification of the workforce. It is urgent education and health. thinkable. This fact invites us to think about sources vis-à-vis the public and private sec-
that this agenda appears in the planning of The third and last alternative, in line the objective and the actors involved. tors that invest little in technology. Under
the Brazilian economy, through the qualifi- with Brazilian history, is external financing: The conquest of space, considered use- these conditions, it is recommended that
cation of the labor market, but for the next the attraction of capital, whether specu- less by many, is actually a gigantic chal- Brazil pursue a different objective, avoiding
decades any representative shock in this di- lative or productive, requires some corre- lenge that requires technological solutions open competition and focusing its resourc-
mension is unlikely. spondence with products and instruments in several dimensions to be made viable: es on areas where there is still room for the
The second alternative is public sector that qualify, remunerate and generate software, materials, communications, im- development of significant gains.
financing. Since the problem of external an expectation of return consistent with age production, electronics, etc., a count- In addition to the conquest of space, the
indebtedness, the Brazilian public sector the international capitalist structure. This less number of technological and integrat- other unnatural environment that challeng-
finds it difficult to balance itself in the cur- means that the Brazilian economy would ed solutions to place an orbital vehicle on es us are the oceans. To gain knowledge of
rent structure of income and expenses. be attractive not only for its structure and another planet. These technologies are the ocean and carry out its proper explora-
It seems to us that there is a problem of production and consumption potential, tested in interplanetary travel and applied tion, a load of technology that rivals space

594 BLUE ECONOMIYBLUE ECONOMY Financing Alternative for the Brazilian Blue Economy 595
594