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Author:Buckley, P.
Castro, F.
Title:The investment development path: the case of Portugal
Journal:Transnational Corporations
1998 : APR, VOL. 7:1, p. 1-16
Index terms:PORTUGAL
INVESTMENT
DEVELOPMENT
Language:eng
Abstract:This article develops the idea of an investment development path, which relates net foreign direct investment to per capita income, for Portugal. A novel form of relationship between investment and development is proposed, based on empirical evidence for 1943-1996. This is supported by an analysis of Portugese conditions, which suggest that the investment development path is substantially influenced not only by government policy but also by external political events such as Portugal's accession to the European Economic Community, European Union integration and the fall of the Berlin wall.
SCIMA record nr: 186696
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