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The foreign direct investment in a new industrial strategy

Author

Listed:
  • Winston Fritsch
  • Gustavo H. B. Franco

Abstract

The paper discusses the normative principles on which Brazilian policies towardsforeign direct investment should be bared. It starts from considerations about globaltrends regarding world industrialization and trade – especially as connected with new technologicaldevelopments – and seeks to identify some crucial elements in the relationshipbetween Brazil and the world economy to be shoped by multinational corporations. Nextthe paper deals with issues related to market access and technological transfer emphasizingthe importance of foreign firms for the future of Brazilian industrialization and exportperformance. JEL Classification: F21; L52.

Suggested Citation

  • Winston Fritsch & Gustavo H. B. Franco, 1989. "The foreign direct investment in a new industrial strategy," Brazilian Journal of Political Economy, Center of Political Economy, vol. 9(2), pages 157-177.
  • Handle: RePEc:ekm:repojs:v:9:y:1989:i:2:p:157-177:id:1606
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    More about this item

    Keywords

    foreign direct investment; industrial policy; liberalization;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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