Crawling up the value chain: domestic institutions and non-traditional foreign direct investment in Brazil, 1990-2010

Detalhes bibliográficos
Autor(a) principal: EGAN,PATRICK J. W.
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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spelling 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
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dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000100156
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dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.1590/0101-31572015v35n01a09
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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
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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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