The foreign direct investment in a new industrial strategy

Winston Fritsch () and Gustavo H. B. Franco ()

Brazilian Journal of Political Economy, 1989, vol. 9, issue 2, 157-177

Abstract: The paper discusses the normative principles on which Brazilian policies towardsforeign direct investment should be bared. It starts from considerations about globaltrends regarding world industrialization and trade – especially as connected with new technologicaldevelopments – and seeks to identify some crucial elements in the relationshipbetween Brazil and the world economy to be shoped by multinational corporations. Nextthe paper deals with issues related to market access and technological transfer emphasizingthe importance of foreign firms for the future of Brazilian industrialization and exportperformance. JEL Classification: F21; L52.

Keywords: foreign direct investment; industrial policy; liberalization (search for similar items in EconPapers)
Date: 1989
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