Portuguese Investment in Brazil — the Challenges of an Iberian Logic

Cézar Miranda Guedes and Mario Gomez Olivares
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Cézar Miranda Guedes: Federal Rural University of Rio de Janeiro
Mario Gomez Olivares: Technical University of Lisbon

Chapter 11 in Multinationals and Foreign Investment in Economic Development, 2005, pp 212-233 from Palgrave Macmillan

Abstract: Abstract Since the 1980s, the world economy has undergone a process of institutional change characterized by systematic financial deregulation and a wave of privatizations. The globalization of trade, finance and production has thus gathered momentum, side by side with the expansion of transnational and multinational enterprises, which have reached a tremendous financial weight, increasing international liquidity and intensifying the search for short-term profits (Scherer, 1999). With regard to Latin America, the fact that — unlike the situation in the past-trade and investment have ‘drifted apart’ and become increasingly independent of one another is also worthy of notice.

Keywords: European Union; Foreign Direct Investment; Southern Cone; Manufacture Service; Andean Country (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-0-230-52295-4_11

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DOI: 10.1057/9780230522954_11

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