The strategies of multinational companies in 1990s Argentina

Daniel Chudnovsky and Andrés López

Revista CEPAL, 2002

Abstract: In the 1990s,Argentina received large amounts of foreign direct investment and the participation of multinational companies in the country's economy increased significantly. As during the import substitution industrialization period, the basic goal of multinationals is still to exploit the domestic market.Two differences from that period can be observed, however:access to the Brazilian market allows for greater economies of scale and specialization,and increased competition in many tradable sectors is forcing subsidiaries to bring their operations closer to international best practice. These differences,though,are not reflected in the trading practices of subsidiaries.Although these have considerably higher import ratios than local firms,differences in the export ratios of the two types of companies are not statistically significant. Multinationals' manufacturing exports go mainly to Mercosur,while their imports come principally from the developed countries.

Date: 2002-04
Note: Includes bibliography
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://repositorio.cepal.org/handle/11362/10870

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecr:col070:10870

Access Statistics for this article

More articles in Revista CEPAL from Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL) Contact information at EDIRC.
Bibliographic data for series maintained by Biblioteca CEPAL ().