In recent years, some countries with emerging economies have become important international project funders; a quarter
of these flows come from Latin America and the Caribbean. In particular, the Brazilian state Bank is the most dynamic one
within the region, becoming also the main instrument for the internationalization process of their companies.
The international expansion process planned by the Brazilian State, prioritizes the South American integration through the
entrenchment of UNASUR, which is developing in several fields, some more dynamic than others, such as infrastructure
through the South American Infrastructure and Planning Council (COSIPLAN), mechanism that, among others, will enable
Brazil become established as a regional power and, at the same time, lead the process of formation of the South American
area hegemonically.
