Finance, Technology and Multinationals from the Periphery

Edmund Amann and Werner Baer

World Economics, 2010, vol. 11, issue 1, 125-146

Abstract: This article analyses the emergence of Latin American multinational corporations (MNCs), with a particular emphasis on the roles of finance and technology. It is established that the need to acquire foreign technology and finance has played a key role in the emergence of Latin MNCs. However, in respect to technology at least, the internationalisation process is also increasingly predicated upon the exploitation of domestically generated assets.

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:wej:wldecn:408

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