1887

Foreign Direct Investment in Latin America and the Caribbean 2004

image of Foreign Direct Investment in Latin America and the Caribbean 2004

This publication sets out and analyses the main foreign direct investment (FDI) trends in the countries of Latin America and the Caribbean in 2004. For the first time since 1999, foreign direct investment (FDI) inflows into Latin America and the Caribbean grew in 2004. These inflows topped US$ 54 billion, far exceeding the US$ 37 billion registered in 2003 and representing a 46% increase. This is welcome news for the region, as it may portend the beginning of a new and sustained investment boom.

English

.

Abstract

For the first time since 1999, foreign direct investment (FDI) inflows into Latin America and the Caribbean grew in 2004. These inflows topped US$ 56 billion, far exceeding the US$ 39 billion registered in 2003 and representing a 44% increase. This is welcome news for the region, as it may portend the beginning of a new and sustained investment boom. However, it does not mean that the Latin American and Caribbean countries have solved their problems with regard to the limited benefits they receive from the presence of transnational corporations (TNCs) within their borders. In general, existing FDI inflows are not of the quality that is required. If the region’s countries are to increase the benefits they reap from the presence of TNCs, the national policies and institutions they have put in place to deal with international commitments regarding investment, establish incentives to attract FDI and evaluate the results of FDI policies will need to be improved.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error