IDEAS home Printed from https://ideas.repec.org/p/zbw/ifwkwp/861.html
   My bibliography  Save this paper

German direct investment in Latin America: striking peculiarities, unfounded fears, and neglected issues

Author

Listed:
  • Nunnenkamp, Peter

Abstract

Foreign direct investment (FDI) of Germany in Latin America reveals various peculiarities that may shape future investment relations. However, two major concerns are largely unfounded: - In contrast to widespread fears in Germany, FDI outflows are highly unlikely to have added to labor market problems. - Host country concerns that the Eastern enlargement of the EU may divert German FDI away from Latin America seem to be unjustified. German investors have responded relatively weakly to new investment opportunities in Latin America. Some of the traditional features of German FDI in this region, notably the predominant orientation towards large local markets, may work against closer investment relations in the era of globalization. Much depends on whether Latin American host countries succeed in improving international competitiveness in industries in which German FDI is concentrated.

Suggested Citation

  • Nunnenkamp, Peter, 1998. "German direct investment in Latin America: striking peculiarities, unfounded fears, and neglected issues," Kiel Working Papers 861, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkwp:861
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/1019/1/247284912.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. World Bank, 1997. "World Development Report 1997," World Bank Publications - Books, The World Bank Group, number 5980, August.
    2. Jost, Thomas, 1997. "Direktinvestitionen und Standort Deutschland," Discussion Paper Series 1: Economic Studies 1997,02, Deutsche Bundesbank.
    3. Gundlach, Erich & Nunnenkamp, Peter, 1997. "Labor markets in the global economy: How to prevent rising wage gaps and unemployment," Kiel Discussion Papers 305, Kiel Institute for the World Economy (IfW Kiel).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nunnenkamp, Peter, 2000. "Globalisierung der Automobilindustrie: neue Standorte auf dem Vormarsch, traditionelle Anbieter unter Druck?," Kiel Working Papers 1002, Kiel Institute for the World Economy (IfW Kiel).
    2. Jost, Thomas & Nunnenkamp, Peter, 2003. "Deutsche Direktinvestitionen in Entwicklungs- und Reformländern: haben sich die Motive gewandelt?," Open Access Publications from Kiel Institute for the World Economy 2987, Kiel Institute for the World Economy (IfW Kiel).
    3. Jost, Thomas & Nunnenkamp, Peter, 2002. "Bestimmungsgründe deutscher Direktinvestitionen in Entwicklungs- und Reformländern: hat sich wirklich etwas verändert?," Kiel Working Papers 1124, Kiel Institute for the World Economy (IfW Kiel).
    4. Nunnenkamp, Peter, 2001. "European FDI strategies in Mercosur countries," Kiel Working Papers 1047, Kiel Institute for the World Economy (IfW Kiel).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gundlach, Erich, 1998. "Das Wirtschaftswachstum der Nationen im zwanzigsten Jahrhundert," Open Access Publications from Kiel Institute for the World Economy 1756, Kiel Institute for the World Economy (IfW Kiel).
    2. Kerstin Pull, 2003. "Der Einfluss personalpolitischer Flexibilität auf die Standortwahl Multinationaler Unternehmen: eine empirische Analyse," IAAEG Discussion Papers until 2011 200301, Institute of Labour Law and Industrial Relations in the European Union (IAAEU).
    3. Borrmann, Christine, 2003. "Methodological problems of FDI statistics in accession countries," HWWA Reports 231, Hamburg Institute of International Economics (HWWA).
    4. Levien, Michael, 2015. "Social Capital as Obstacle to Development: Brokering Land, Norms, and Trust in Rural India," World Development, Elsevier, vol. 74(C), pages 77-92.
    5. Manuel R. Agosin, 1997. "Export Performance in Chile: Lessons for Africa," WIDER Working Paper Series wp-1997-144, World Institute for Development Economic Research (UNU-WIDER).
    6. Fox, Jonathan A, 2000. "The World Bank and social capital: Lessons from ten rural development projects in the Philippines and Mexico," Center for Global, International and Regional Studies, Working Paper Series qt1vj8v86j, Center for Global, International and Regional Studies, UC Santa Cruz.
    7. Nunnenkamp, Peter, 2001. "Too Much, Too Little, or Too Volatile? International Capital Flows to Developing Countries in the 1990s," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 5(1), pages 119-147, June.
    8. Pareena G. Lawrence & Marakah Mancini, 2008. "La toma de decisiones de los hogares en Venezuela," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 10(18), pages 213-239, January-J.
    9. Proff, H., 2002. "Business unit strategies between regionalisation and globalisation," International Business Review, Elsevier, vol. 11(2), pages 231-250, April.
    10. Alberto Alesina & Beatrice Weder, 2002. "Do Corrupt Governments Receive Less Foreign Aid?," American Economic Review, American Economic Association, vol. 92(4), pages 1126-1137, September.
    11. Lewe, Stefan, 2003. "Wachstumseffiziente Unternehmensbesteuerung," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 20042, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    12. Diego Sánchez-Ancochea, 2005. "Capitalismo, desarrollo y Estado. Una revisión crítica de la teoría del Estado de Schumpeter," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 7(13), pages 81-100, July-Dece.
    13. Hill, Hal, 2000. "Export Success Against the Odds: A Vietnamese Case Study," World Development, Elsevier, vol. 28(2), pages 283-300, February.
    14. Aysit Tansel, 1998. "Determinants of School Attainment of Boys and Girls in Turkey," Working Papers 789, Economic Growth Center, Yale University.
    15. Huffman, Wallace, 2003. "Immigration in the U.S. Midwest during the 1990s: A Decade of Rapid Change," ISU General Staff Papers 200312010800001235, Iowa State University, Department of Economics.
    16. Pablo Galaso & Adrián Rodríguez Miranda & Sebastian Goinheix, 2018. "Local development, social capital and social network analysis: evidence from Uruguay," Revista de Estudios Regionales, Universidades Públicas de Andalucía, vol. 3, pages 137-163.
    17. Nam Chong-Hyun & Kim Chang-Jin, 2000. "Capital Accumulation And Trade Policy:The Case Of Korea," International Economic Journal, Taylor & Francis Journals, vol. 14(1), pages 111-131.
    18. Richard Estes, 2007. "Development challenges and opportunities confronting economies in transition," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 83(3), pages 375-411, September.
    19. Das Gupta, Monica & Grandvoinnet, Helene & Romani, Mattia, 2000. "State-community synergies in development : laying the basis for collective action," Policy Research Working Paper Series 2439, The World Bank.
    20. G. Reza Arabsheibani, 2000. "Male-Female Earnings Differentials Among the Highly Educated Egyptians," Education Economics, Taylor & Francis Journals, vol. 8(2), pages 129-138.

    More about this item

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:ifwkwp:861. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/iwkiede.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.