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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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Foreword

For a number of reasons, the 1998 edition of the report, Foreign Investment in Latin America and the Caribbean, represents a significant step forward compared with previous versions. First of all, in this document a new analytic framework has been adopted that provides for a more in-depth examination of the subject and goes beyond statistics on foreign direct investment (FDI) to improve comprehension of the business strategies involved. Beginning with the 1998 edition, the document will contain four basic chapters: one on trends in FDI and the situation in the region’s principal destination countries; another on a major destination country; a third on an important source country; and a fourth on a sector in the region that is important internationally to major transnational corporations. In this way, the research programme of the Unit on Investment and Corporate Strategies can add much more to official information on FDI flows and the activities of transnational corporations in Latin America and the Caribbean.

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