A Survey-based Investigation of the Determinants of FDI in Portugal

Francisco B. Castro

Chapter 14 in The Challenge of International Business, 2004, pp 254-289 from Palgrave Macmillan

Abstract: Abstract A long-established recipient of FDI, Portugal has all the characteristics of a small open economy of recent industrialization. In 1960 Portugal became a member of EFTA and industrialization was finally made a policy objective, putting an end to several decades of restrictions to foreign and domestic investment. EFTA membership represented a radical change in the country’s geopolitical orientation. For the first time in its 850 years as an independent nation, Portugal was engaged in a process of integration in Europe. The collapse of economic relations with Africa after the independence of the colonies, in 1975, only consolidated this trend.

Keywords: Foreign Direct Investment; Labour Cost; Local Market; International Business; Foreign Firm (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50864-4_14

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DOI: 10.1057/9780230508644_14

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