An Evaluation of Promotional Policies for Foreign Direct Investment in Latin America
In the past two decades, Foreign Direct Investment (FDI) has gained importance in Latin American economies. This is because, as this article intends to demonstrate, increasingly sounder macro-economic stability and the fact that the region's countries have opened and flexibilized their regulatory frameworks. In this manner, and through a model of data from panels, this article finds that the measures implemented in Latin America to attract FDI have enabled a larger inflow of resources. On another front, the model also ascertains the importance of other factors such as macroeconomic stability and the size of the market, which also explain a good percentage of these flows.
Volume (Year): (2009)
Issue (Month): 71 ()
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