IDEAS home Printed from https://ideas.repec.org/b/ecr/col007/46541.html
   My bibliography  Save this book

Foreign Direct Investment in Latin America and the Caribbean 2020

Editor

Listed:
  • ECLAC

Author

Listed:
  • -

Abstract

The decade ending in 2019 saw the highest ever foreign direct investment (FDI) inflows to Latin America and the Caribbean, which reached their peak in 2012. Since then, foreign investment inflows have declined steadily, bringing into focus, especially in South American countries, the relationship between FDI flows, the macroeconomic cycle and commodity price cycles in the region. In 2019, Latin America and the Caribbean received US$ 160.721 billion in FDI, 7.8% less than in 2018, a decline that is seen intensifying sharply in 2020 when inflows are forecast to drop by between 45% and 55% as a result of the crisis stemming from the COVID-19 pandemic. Worldwide, the amount of FDI is seen shrinking by 40% in 2020 and by between 5% and 10% in 2021. Thus, FDI would mark in 2021 its lowest value since 2005.

Suggested Citation

  • -, 2020. "Foreign Direct Investment in Latin America and the Caribbean 2020," La Inversión Extranjera Directa en América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 46541 edited by Eclac, September.
    • Handle: RePEc:ecr:col007:46541
    as

    Download full text from publisher

    File URL: http://repositorio.cepal.org/handle/11362/46541
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. -, 2016. "Foreign Direct Investment in Latin America and the Caribbean 2016," La Inversión Extranjera Directa en América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 40214 edited by Eclac, September.
    2. Steven Simoens, 2009. "Which barriers prevent the efficient use of resources in medical device sectors?," Applied Health Economics and Health Policy, Springer, vol. 7(4), pages 209-217, December.
    3. Francesco Bogliacino & Mario Pianta, 2016. "The Pavitt Taxonomy, revisited: patterns of innovation in manufacturing and services," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 33(2), pages 153-180, August.
    4. Helble, Matthias, 2012. "More trade for better health? International trade and tariffs on health products," WTO Staff Working Papers ERSD-2012-17, World Trade Organization (WTO), Economic Research and Statistics Division.
    5. -, 2017. "Foreign Direct Investment in Latin America and the Caribbean 2017," La Inversión Extranjera Directa en América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 42024 edited by Eclac, September.
    6. Gary Gereffi & Stacey Frederick & Penny Bamber, . "Diverse paths of upgrading in high-tech manufacturing: Costa Rica in the electronics and medical devices global value chains," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    7. Pavitt, Keith, 1984. "Sectoral patterns of technical change: Towards a taxonomy and a theory," Research Policy, Elsevier, vol. 13(6), pages 343-373, December.
    8. -, 2018. "Foreign Direct Investment in Latin America and the Caribbean 2018," La Inversión Extranjera Directa en América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 43690 edited by Eclac, September.
    9. Gary Gereffi, 2020. "What does the COVID-19 pandemic teach us about global value chains? The case of medical supplies," Journal of International Business Policy, Palgrave Macmillan, vol. 3(3), pages 287-301, September.
    10. Gaulier, Guillaume & Zignago, Soledad, 2004. "Notes on BACI (analytical database of international trade). 1989-2002 version," MPRA Paper 32401, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Andrzej Cieślik & Sarhad Hamza, 2022. "Inward FDI, IFRS Adoption and Institutional Quality: Insights from the MENA Countries," IJFS, MDPI, vol. 10(3), pages 1-19, June.
    2. -, 2021. "Foreign Direct Investment in Latin America and the Caribbean 2021," La Inversión Extranjera Directa en América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 47148.2 edited by Eclac.
    3. Isaac K. Ofori & Toyo A. M. Dossou & Simplice A. Asongu & Mark K. Armah, 2021. "Bridging Africa’s Income Inequality Gap: How Relevant Is China’s Outward FDI to Africa?," Working Papers of the African Governance and Development Institute. 21/098, African Governance and Development Institute..
    4. -, 2021. "Financing for development in the era of COVID-19 and beyond," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 46711 edited by Eclac.
    5. Johannes Reinhard Többen & Martin Distelkamp & Britta Stöver & Saskia Reuschel & Lara Ahmann & Christian Lutz, 2022. "Global Land Use Impacts of Bioeconomy: An Econometric Input–Output Approach," Sustainability, MDPI, vol. 14(4), pages 1-24, February.
    6. Mikio Kuwayama, 2021. "Globalized Business of Japanese Multinationals in Latin America: What Trade and Investment Statistics Do Not Show," Discussion Paper Series DP2021-18, Research Institute for Economics & Business Administration, Kobe University, revised Oct 2021.
    7. Majed Alharthi, 2022. "Factors of foreign direct investment inwards: The case of Saudi Arabia," Proceedings of Economics and Finance Conferences 13015491, International Institute of Social and Economic Sciences.
    8. Bettina Jones, 2020. "A Quantitative Look at the Relationship between FDI Inflow and Economic Growth in North Macedonia, 2006-2018," Business and Economic Research, Macrothink Institute, vol. 10(4), pages 1-12, December.
    9. Thai Hung, Ngo & Nguyen, Linh Thi My & Vinh Vo, Xuan, 2022. "Exchange rate volatility connectedness during Covid-19 outbreak: DECO-GARCH and Transfer Entropy approaches," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 81(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Boschma, Ron & Capone, Gianluca, 2015. "Institutions and diversification: Related versus unrelated diversification in a varieties of capitalism framework," Research Policy, Elsevier, vol. 44(10), pages 1902-1914.
    2. Hötte, Kerstin, 2023. "Demand-pull, technology-push, and the direction of technological change," Research Policy, Elsevier, vol. 52(5).
    3. Marco Grazzi & Chiara Piccardo & Cecilia Vergari, 2020. "Concordance and complementarity in IP instruments," Industry and Innovation, Taylor & Francis Journals, vol. 27(7), pages 756-788, August.
    4. Dario Guarascio & Mario Pianta & Matteo Lucchese & Francesco Bogliacino, 2015. "Business cycles, technology and exports," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 32(2), pages 167-200, August.
    5. Fernández-Macías, Enrique & Klenert, David & Antón, José-Ignacio, 2021. "Not so disruptive yet? Characteristics, distribution and determinants of robots in Europe," Structural Change and Economic Dynamics, Elsevier, vol. 58(C), pages 76-89.
    6. Andrea Coveri & Mario Pianta, 2019. "The Structural Dynamics of Income Distribution:Technology, Wages and Profits," Working Papers 1901, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2019.
    7. Mario Pianta & Jelena Reljic, 2022. "The good jobs-high innovation virtuous circle," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 39(3), pages 783-811, October.
    8. Michel Dumont, 2015. "Working Paper 05-15 - Evaluation of federal tax incentives for private R&D in Belgium: An update," Working Papers 1505, Federal Planning Bureau, Belgium.
    9. Dosi, G. & Piva, M. & Virgillito, M.E. & Vivarelli, M., 2021. "Embodied and disembodied technological change: The sectoral patterns of job-creation and job-destruction," Research Policy, Elsevier, vol. 50(4).
    10. Pianta, Mario & Coveri, Andrea & Reljic, Jelena, 2021. "The Sectoral Innovation Database, 1994-2016. Methodological Notes," MPRA Paper 106780, University Library of Munich, Germany.
    11. Michael Peneder & Christian Rammer, 2018. "Measuring Competitiveness," WIFO Studies, WIFO, number 60838, April.
    12. Frank Crowley & Declan Jordan, 2022. "Do local start-ups and knowledge spillovers matter for firm-level R&D investment?," Urban Studies, Urban Studies Journal Limited, vol. 59(5), pages 1085-1102, April.
    13. Dumont, Michel, 2022. "Public support to business research and development in Belgium: fourth evaluation," MPRA Paper 115418, University Library of Munich, Germany.
    14. Walrave, Bob & Gilsing, Victor A., 2023. "Game of skill or game of luck? Distant search in response to performance feedback," Technovation, Elsevier, vol. 121(C).
    15. Coveri, Andrea & Pianta, Mario, 2022. "Drivers of inequality: wages vs. profits in European industries," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 230-242.
    16. Alhusen, Harm & Bennat, Tatjana & Bizer, Kilian & Cantner, Uwe & Horstmann, Elaine & Kalthaus, Martin & Proeger, Till & Sternberg, Rolf & Töpfer, Stefan, 2021. "A New Measurement Conception for the ‘Doing-Using-Interacting’ Mode of Innovation," Research Policy, Elsevier, vol. 50(4).
    17. Peneder, Michael & Rammer, Christian (ed.), 2018. "Measuring Competitiveness," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 181906, September.
    18. Raitano, Michele & Fana, Marta, 2019. "Labour market deregulation and workers’ outcomes at the beginning of the career: Evidence from Italy," Structural Change and Economic Dynamics, Elsevier, vol. 51(C), pages 301-310.
    19. Marco Capasso & Marina Rybalka, 2022. "Innovation Pattern Heterogeneity: Data-Driven Retrieval of Firms’ Approaches to Innovation," Businesses, MDPI, vol. 2(1), pages 1-28, March.
    20. Alessandro Nuvolari & Emanuele Russo, 2019. "Technical progress and structural change: a long-term view," LEM Papers Series 2019/17, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.

    More about this item

    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:ecr:col007:46541. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc 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 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: Biblioteca CEPAL (email available below). General contact details of provider: https://edirc.repec.org/data/eclaccl.html .

    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.