Crawling up the value chain: domestic institutions and non-traditional foreign direct investment in Brazil, 1990-2010
Autor(a) principal: | |
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Data de Publicação: | 2015 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Revista de Economia Política |
Texto Completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000100156 |
Resumo: | Brazil attracted relatively little innovation-intensive and export-oriented foreign investment during the liberalization period of 1990 to 2010, especially compared with competitors such as China and India. Adopting an institutionalist perspective, I argue that multinational firm investment profiles can be partly explained by the characteristics of investment promotion policies and bureaucracies charged with their implementation. Brazil's FDI policies were passive and non-discriminating in the second half of the 1990s, but became more selective under Lula. Investment promotion efforts have often been undercut by weakly coordinated and inconsistent institutions. The paper highlights the need for active, discriminating investment promotion policies if benefits from non-traditional FDI are to be realized. |
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Crawling up the value chain: domestic institutions and non-traditional foreign direct investment in Brazil, 1990-2010multinational enterprisesforeign direct investmentBrazilindustrial policyinvestment promotioninnovationexport promotionBrazil attracted relatively little innovation-intensive and export-oriented foreign investment during the liberalization period of 1990 to 2010, especially compared with competitors such as China and India. Adopting an institutionalist perspective, I argue that multinational firm investment profiles can be partly explained by the characteristics of investment promotion policies and bureaucracies charged with their implementation. Brazil's FDI policies were passive and non-discriminating in the second half of the 1990s, but became more selective under Lula. Investment promotion efforts have often been undercut by weakly coordinated and inconsistent institutions. The paper highlights the need for active, discriminating investment promotion policies if benefits from non-traditional FDI are to be realized.Centro de Economia Política2015-03-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000100156Brazilian Journal of Political Economy v.35 n.1 2015reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/0101-31572015v35n01a09info:eu-repo/semantics/openAccessEGAN,PATRICK J. W.eng2015-07-07T00:00:00Zoai:scielo:S0101-31572015000100156Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2015-07-07T00:00Revista de Economia Política - EDITORA 34false |
dc.title.none.fl_str_mv |
Crawling up the value chain: domestic institutions and non-traditional foreign direct investment in Brazil, 1990-2010 |
title |
Crawling up the value chain: domestic institutions and non-traditional foreign direct investment in Brazil, 1990-2010 |
spellingShingle |
Crawling up the value chain: domestic institutions and non-traditional foreign direct investment in Brazil, 1990-2010 EGAN,PATRICK J. W. multinational enterprises foreign direct investment Brazil industrial policy investment promotion innovation export promotion |
title_short |
Crawling up the value chain: domestic institutions and non-traditional foreign direct investment in Brazil, 1990-2010 |
title_full |
Crawling up the value chain: domestic institutions and non-traditional foreign direct investment in Brazil, 1990-2010 |
title_fullStr |
Crawling up the value chain: domestic institutions and non-traditional foreign direct investment in Brazil, 1990-2010 |
title_full_unstemmed |
Crawling up the value chain: domestic institutions and non-traditional foreign direct investment in Brazil, 1990-2010 |
title_sort |
Crawling up the value chain: domestic institutions and non-traditional foreign direct investment in Brazil, 1990-2010 |
author |
EGAN,PATRICK J. W. |
author_facet |
EGAN,PATRICK J. W. |
author_role |
author |
dc.contributor.author.fl_str_mv |
EGAN,PATRICK J. W. |
dc.subject.por.fl_str_mv |
multinational enterprises foreign direct investment Brazil industrial policy investment promotion innovation export promotion |
topic |
multinational enterprises foreign direct investment Brazil industrial policy investment promotion innovation export promotion |
description |
Brazil attracted relatively little innovation-intensive and export-oriented foreign investment during the liberalization period of 1990 to 2010, especially compared with competitors such as China and India. Adopting an institutionalist perspective, I argue that multinational firm investment profiles can be partly explained by the characteristics of investment promotion policies and bureaucracies charged with their implementation. Brazil's FDI policies were passive and non-discriminating in the second half of the 1990s, but became more selective under Lula. Investment promotion efforts have often been undercut by weakly coordinated and inconsistent institutions. The paper highlights the need for active, discriminating investment promotion policies if benefits from non-traditional FDI are to be realized. |
publishDate |
2015 |
dc.date.none.fl_str_mv |
2015-03-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000100156 |
url |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000100156 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1590/0101-31572015v35n01a09 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Centro de Economia Política |
publisher.none.fl_str_mv |
Centro de Economia Política |
dc.source.none.fl_str_mv |
Brazilian Journal of Political Economy v.35 n.1 2015 reponame:Revista de Economia Política instname:EDITORA 34 instacron:EDITORA_34 |
instname_str |
EDITORA 34 |
instacron_str |
EDITORA_34 |
institution |
EDITORA_34 |
reponame_str |
Revista de Economia Política |
collection |
Revista de Economia Política |
repository.name.fl_str_mv |
Revista de Economia Política - EDITORA 34 |
repository.mail.fl_str_mv |
||cecilia.heise@bjpe.org.br |
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1754122481456644096 |