The strategies of multilatinas: from the quest for regional leadership to the myth of the global corporation \r\n
AbstractThe emerging Latin American corporations come essentially from Brazil and Mexico. Their prime motivation lies in the acquisition of natural resources and the search for market openings. With the exception of Cemex and Embraer who aspire to be global players, the majority of the multilatinas are regional or bi-regional companies. To a large extent, the sectorial breakdown of the multilatinas reflects the productive and technological specialisation of Latin America. They do not have at their disposal the same specific advantages as the emerging Asian multinational corporations in the high-tech industries or in the high capital-intensive sectors. The recent growth of their international activities has certainly impacted the dynamics of the global economy, particularly as regards the re-establishment of North-South links and the strengthening of South-South co-operation.
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Bibliographic InfoPaper provided by Groupement de Recherches Economiques et Sociales in its series Cahiers du GRES with number 2008-08.
Date of creation: 2008
Date of revision:
Emerging multinational corporations; multilatinas; foreign direct investment; re-establishment of North-South links; South-South co-operation;
Find related papers by JEL classification:
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-03-08 (All new papers)
- NEP-HIS-2008-03-08 (Business, Economic & Financial History)
- NEP-SEA-2008-03-08 (South East Asia)
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