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Foreign Direct Investment in Latin America and the Caribbean 1998

image of Foreign Direct Investment in Latin America and the Caribbean 1998

This publication sets out and analyses the main foreign direct investment (FDI) trends in the countries of Latin America and the Caribbean in 1998. In 1997, US$ 65.2 billion poured into the economies of Latin America and the Caribbean. Approximately 30% of that was concentrated in Brazil, which emerged once again as the principal FDI destination country in the region. According to preliminary estimates for 1998, net FDI inflows will be much the same as in 1997.

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Abstract

This study approaches foreign direct investment (FDI) in Latin America and the Caribbean from a new perspective by analysing the strategies of transitional corporations in an attempt to overcome the limitations of official FDI statistics (whether from destination countries or the main investor countries). This is achieved through a study of the information obtained from research programmes of the Unit on Investment and Corporate Strategies and from information obtained from secondary sources, mainly from specialized financial journals. This approach affords a better understanding of the nature of the phenomenon, set against the background of international market trends, national policies (of both source and destination countries) and new corporate strategies.

English

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