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Author:Nunnenkamp, P.
Title:Foreign direct investment in Latin America in the era of globalized production
Journal:Transnational Corporations
1997 : APR, VOL. 6:1, p. 51-81
Index terms:FOREIGN INVESTMENT
PRODUCTION
GLOBALIZATION
LATIN AMERICA
Language:eng
Abstract:There is an open question whether or not private capital inflows are sustainable in Latin America and which countries in that region are prepared to benefit from the ongoing globalization of markets and production. This paper analyzes corporate strategies of transnational corporations and economic policies pursued by Latin American countries as possible determinants of foreign investment patterns. It was found that host country policies are highly important. Governments bear major responsibility in the area of human capital formation. The amount and quality of compulsory formal education which reflects a government's attitude to the provision of public goods is one important element.
SCIMA record nr: 161031
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