IDEAS home Printed from https://ideas.repec.org/a/ekm/repojs/v35y2015i1p156-174id219.html
   My bibliography  Save this article

Crawling up the value chain: domestic institutions and non-traditional foreign direct investment in Brazil, 1990-2010

Author

Listed:
  • Patrick J. W. Egan

Abstract

Brazil attracted relatively little innovation-intensive and export-oriented foreign investment during the liberalization period of 1990 to 2010, especially compared with competitors such as China and India. Adopting an institutionalist perspective, I argue that multinational firm investment profiles can be partly explained by the characteristics of investment promotion policies and bureaucracies charged with their implementation. Brazil's FDI policies were passive and non-discriminating in the second half of the 1990s, but became more ive under Lula. Investment promotion efforts have often been undercut by weakly coordinated and inconsistent institutions. The paper highlights the need for active, discriminating investment promotion policies if benefits from non-traditional FDI are to be realized. JEL Classification: F2; F5; F6; L2; O3.

Suggested Citation

  • Patrick J. W. Egan, 2015. "Crawling up the value chain: domestic institutions and non-traditional foreign direct investment in Brazil, 1990-2010," Brazilian Journal of Political Economy, Center of Political Economy, vol. 35(1), pages 156-174.
    • Handle: RePEc:ekm:repojs:v:35:y:2015:i:1:p:156-174:id:219
    as

    Download full text from publisher

    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/219/209
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dzingai Francis Chapfuwa, "undated". "The Role Of Institutions In Determining Fdi Flows Into The Sadc Region," Review of Socio - Economic Perspectives 202053, Reviewsep.

    More about this item

    Keywords

    multinational enterprises; foreign direct investment; Brazil; industrial policy; investment promotion; innovation; export promotion;
    All these keywords.

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • F5 - International Economics - - International Relations, National Security, and International Political Economy
    • F6 - International Economics - - Economic Impacts of Globalization
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ekm:repojs:v:35:y:2015:i:1:p:156-174:id:219. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Brazilian Journal of Political Economy (Brazil) (email available below). General contact details of provider: https://centrodeeconomiapolitica.org/repojs/index.php/journal/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.