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The strategies of multilatinas: from the quest for regional leadership to the myth of the global corporation \r\n

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  • Alexandre MINDA (LEREPS-GRES)

Abstract

The 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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File URL: http://cahiersdugres.u-bordeaux4.fr/2008/2008-08.pdf
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Bibliographic Info

Paper provided by Groupement de Recherches Economiques et Sociales in its series Cahiers du GRES with number 2008-08.

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Date of creation: 2008
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Handle: RePEc:grs:wpegrs:2008-08

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Web page: http://gres.u-bordeaux4.fr/
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Keywords: Emerging multinational corporations; multilatinas; foreign direct investment; re-establishment of North-South links; South-South co-operation;

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References

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  1. Eduardo Levy-Yeyati & Ugo Panizza & Ernesto Stein, 2002. "The Cyclical Nature of North-South FDI Flows," Business School Working Papers quince, Universidad Torcuato Di Tella.
  2. repec:cup:cbooks:9780521842655 is not listed on IDEAS
  3. Alexandre MINDA (LEREPS-GRES), 2007. "The entry of multinational banks into Latin America: a source of stability or financial fragility?," Cahiers du GRES 2007-06, Groupement de Recherches Economiques et Sociales.
  4. Dilek Aykut & Andrea Goldstein, 2006. "Developing Country Multinationals: South-South Investment Comes of Age," OECD Development Centre Working Papers 257, OECD Publishing.
  5. José De Gregorio & Jong-Wha Lee, 1999. "Economic Growth in Latin America: Sources and Prospects," Documentos de Trabajo 66, Centro de Economía Aplicada, Universidad de Chile.
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