Brazilian Agrarian and Development Laws: The Legal Framework of Brazilian Agribusiness and Its Financialization

Abstract This article aims to define agribusiness, indicate its legal bases and illustrate the financialization trend it is currently undergoing in Brazil. Agribusiness is understood as the integration between agriculture and industry, which results from government actions, among which, the formulat...

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Main Authors: Eduardo Gonçalves Rocha, Priscila Kavamura Guimarães de Moura, Alexandre Bernardino Costa
Format: Article
Language:English
Published: Fundação Getúlio Vargas, Escola de Direito 2025-04-01
Series:Revista Direito GV
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1808-24322025000100209&lng=en&tlng=en
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author Eduardo Gonçalves Rocha
Priscila Kavamura Guimarães de Moura
Alexandre Bernardino Costa
author_facet Eduardo Gonçalves Rocha
Priscila Kavamura Guimarães de Moura
Alexandre Bernardino Costa
author_sort Eduardo Gonçalves Rocha
collection DOAJ
description Abstract This article aims to define agribusiness, indicate its legal bases and illustrate the financialization trend it is currently undergoing in Brazil. Agribusiness is understood as the integration between agriculture and industry, which results from government actions, among which, the formulation of a legal framework. Agribusiness is becoming increasingly financialized, largely due to the creation of new legal technologies that have been crucial toward enhancing this trend. The question this paper seeks to explore is: what role does Law play in the consolidation of agribusiness and its current state of financialization? Methodologically, we sought to define agribusiness. Subsequently, we contextualized the development of agribusiness in the broader landscape of the social and legal debates that took place in Brazil in the 1960s and 1970s. We then discussed the new legal instruments that have allowed for greater interaction between financial capital and agriculture. Finally, by analyzing data from sources such as the Ministry of Agriculture, Banco do Brasil and the Securities and Exchange Commission, we conclude that financialization is a strong trend in Brazilian agriculture. The trend is further supported by new agricultural legislation, which has promoted structural changes in the relationship between Brazilian agriculture and the financial market. As a result of these changes, credit for agribusiness tends to increasingly come from the financial market.
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issn 2317-6172
language English
publishDate 2025-04-01
publisher Fundação Getúlio Vargas, Escola de Direito
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series Revista Direito GV
spelling doaj-art-c30de914314f4b18a768d886a8dffd0b2025-08-20T02:18:42ZengFundação Getúlio Vargas, Escola de DireitoRevista Direito GV2317-61722025-04-012110.1590/2317-6172202511Brazilian Agrarian and Development Laws: The Legal Framework of Brazilian Agribusiness and Its FinancializationEduardo Gonçalves Rochahttps://orcid.org/0000-0002-6100-7551Priscila Kavamura Guimarães de Mourahttps://orcid.org/0000-0001-8610-9506Alexandre Bernardino Costahttps://orcid.org/0000-0002-3198-6058Abstract This article aims to define agribusiness, indicate its legal bases and illustrate the financialization trend it is currently undergoing in Brazil. Agribusiness is understood as the integration between agriculture and industry, which results from government actions, among which, the formulation of a legal framework. Agribusiness is becoming increasingly financialized, largely due to the creation of new legal technologies that have been crucial toward enhancing this trend. The question this paper seeks to explore is: what role does Law play in the consolidation of agribusiness and its current state of financialization? Methodologically, we sought to define agribusiness. Subsequently, we contextualized the development of agribusiness in the broader landscape of the social and legal debates that took place in Brazil in the 1960s and 1970s. We then discussed the new legal instruments that have allowed for greater interaction between financial capital and agriculture. Finally, by analyzing data from sources such as the Ministry of Agriculture, Banco do Brasil and the Securities and Exchange Commission, we conclude that financialization is a strong trend in Brazilian agriculture. The trend is further supported by new agricultural legislation, which has promoted structural changes in the relationship between Brazilian agriculture and the financial market. As a result of these changes, credit for agribusiness tends to increasingly come from the financial market.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1808-24322025000100209&lng=en&tlng=enAgribusinesseconomic lawagrarian lawfinancializationrural development
spellingShingle Eduardo Gonçalves Rocha
Priscila Kavamura Guimarães de Moura
Alexandre Bernardino Costa
Brazilian Agrarian and Development Laws: The Legal Framework of Brazilian Agribusiness and Its Financialization
Revista Direito GV
Agribusiness
economic law
agrarian law
financialization
rural development
title Brazilian Agrarian and Development Laws: The Legal Framework of Brazilian Agribusiness and Its Financialization
title_full Brazilian Agrarian and Development Laws: The Legal Framework of Brazilian Agribusiness and Its Financialization
title_fullStr Brazilian Agrarian and Development Laws: The Legal Framework of Brazilian Agribusiness and Its Financialization
title_full_unstemmed Brazilian Agrarian and Development Laws: The Legal Framework of Brazilian Agribusiness and Its Financialization
title_short Brazilian Agrarian and Development Laws: The Legal Framework of Brazilian Agribusiness and Its Financialization
title_sort brazilian agrarian and development laws the legal framework of brazilian agribusiness and its financialization
topic Agribusiness
economic law
agrarian law
financialization
rural development
url http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1808-24322025000100209&lng=en&tlng=en
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