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CEPAL Review

Cepal Review is the leading journal for the study of economic and social development issues in Latin America and the Caribbean. Edited by the Economic Commission for Latin America, each issue focuses on economic trends, industrialization, income distribution, technological development and monetary systems, as well as the implementation of economic reform and transfer of technology. Written in English and Spanish (Revista de la Cepal), each tri-annual issue offers approximately 12 studies and essays undertaken by authoritative experts or gathered from conference proceedings.

English Spanish

Can the Latin American and Caribbean countries emulate the Irish model of FDI attraction?

In the era of globalization, foreign direct investment (FDI) is an essential factor in the development of the economy. In recent years, creating a better investment climate has therefore been a policy priority for many governments, including the Latin American ones. Only a very small group of Latin American countries have attained relative success in attracting quality FDI, however. Conversely, Ireland has achieved impressive results by creating an attractive environment for FDI. The Latin American countries would do well to emulate the Irish experience, especially as regards the approach to establishing competitive advantages and efficiently promoting the country as a market site for FDI.

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