Inversión extranjera y restricción externa en el Mercosur: conclusiones preliminares y temas de investigación [Foreign investment and constraints to Mercosur: preliminary conclusions and research subjects]
This paper identifies some issues to build a research agenda on the effects of transnationalization and economic development among Mercosur countries. The first section discusses an analytical framework for the understanding of the relation between Foreign Direct Investment (FDI) and the balance of payments constraints to growth in developing countries, assuming that different "types of FDI" may affect such constraints in opposite directions, according to alternative theories. Section II contains a historical perspective of transnationalization in these countries, using a long-run FDI series analysis and resuming some characteristics of the last period. Finally, in the third section, some preliminary conclusions are outlined, attempting to meet the analytical framework and the empirical stylized facts, which allow to identify some issues or topics for such a research agenda.
Volume (Year): 13 (2003)
Issue (Month): 1 (January-June)
|Contact details of provider:|| Postal: |
Phone: +55 31 3409-7000
Web page: http://www.face.ufmg.br/
More information through EDIRC
|Order Information:|| Postal: Av. Antonio Carlos, 6627 - Predio da FACE Belo Horizonte, 31270-901 Brazil|
Web: http://www.face.ufmg.br/novaeconomia/ Email:
When requesting a correction, please mention this item's handle: RePEc:nov:artigo:v:13:y:2003:i:1:p:11-46. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sibelle Diniz)The email address of this maintainer does not seem to be valid anymore. Please ask Sibelle Diniz to update the entry or send us the correct address
If references are entirely missing, you can add them using this form.