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Spanish Foreign Direct Investment in Latin America, 1989–2004: A Constructivist Framework for Analysis

In: Financial Developments in National and International Markets

Author

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  • Pablo Toral

Abstract

Since the Spanish government gradually eliminated the restrictions on foreign direct investment (FDI) by Spanish enterprises, between 1977 and 1992, Spanish FDI has reached significant proportions, making Spain the twelfth home country for FDI in the world in 2000 by stock. The ‘position’ or ‘stock’ of Spanish FDI abroad grew from US$1,931 million in 1980 to US$15,652 million in 1990, and to US$160,202 million in 2000 (see Table 12.1). This meant an increase of 8,294 per cent in this twenty-year period, the fifth largest percentage growth among the top home economies in the world (see Table 12.2).

Suggested Citation

  • Pablo Toral, 2006. "Spanish Foreign Direct Investment in Latin America, 1989–2004: A Constructivist Framework for Analysis," Palgrave Macmillan Books, in: Philip Arestis & Jesus Ferreiro & Felipe Serrano (ed.), Financial Developments in National and International Markets, chapter 12, pages 190-224, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-52237-4_12
    DOI: 10.1057/9780230522374_12
    as

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