1945

Foreign direct investment and transnational corporations in Latin America and the Caribbean

Foreign direct investment (FDI) levels in Latin America and the Caribbean reached US$ 128.301 billion in 2008, 13% above the record volume posted in 2007. This was a notable result considering that the international financial and economic crisis triggered a 15% contraction of FDI flows worldwide. FDI in the region did not escape the crisis unscathed, however: growth in FDI in 2008 was below the 52% rate witnessed the year before.

Related Subject(s): International Trade and Finance
Sustainable Development Goals:
/content/books/9789213633731c003
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