The brazilian economy position on the Investment Development Path (IDP)
AbstractThe hypothesis that inward and outward FDI positions of a country are related to the level and structure of economic development in relation to other economies, was first showed by Dunning (1979. The IDP suggests that countries tend to pass through five main development stages and that these phases can be classified according to the propensity of countries to host and/or invest abroad. This article attempts to measure the position of Brazil in the IDP. The investment by Brazilian firms abroad, in relation to emerging countries, was the first until 90s. However, Brazil's outward FDI increased substantially from 2000. In 2006 the Outward FDI exceeded inward FDI for the first time in the history of the country. Nowadays, the Brazilian economy seems to be in phase 2 and give signs of entry to stage 3, and some signs of evolution to phases 4 and 5. This paper intends to measure de Brazilian economy position on IDP especially between emerging countries context and the importance of a new stage of Brazilian economy: the systematic internationalization of domestic firms. This paper has the following structure: an evolution of FDI in recent years; after that we explain the phases of Investment Developmet Path Theory and measure de Brazilian economy position on IDP. Finally, the final considerations are related.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Hellenic Association of Regional Scientists in its journal Regional Science Inquiry.
Volume (Year): IV (2012)
Issue (Month): 2 (December)
Contact details of provider:
Investment Development Path; Brazil; Emerging countries; FDI Inward; FDI Outward; Phases; Position; Flows; Stocks;
Find related papers by JEL classification:
- R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
- R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General
- R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dimitrios K. Kouzas).
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.