This paper discusses political transitions in Brazil within the context of globalization. It focuses on the political legacies that offered resistance to external processes and the «new brakes and counterweights» that constituted the relevant conditions for processes of political decision formulating and making during the nineties. I also show that the management of macroeconomic policies, combined with broader political processes, was an important dimension of these transitions. I conclude by emphasizing the challenges that exist in the arena of the treatment of social issues and the connections between domestic and external environments.
political transitions; decision-making processes; Brazilian foreign policy; inflation; stabilization policies
