Understanding Brazilian FDI – an investigation on the relationship between internationalisation and economic structure

Flavia Pereira De Carvalho, Ionara Costa () and Geert Duysters ()

International Journal of Business Environment, 2010, vol. 3, issue 4, 393-411

Abstract: This paper analyses the Brazilian trajectory of foreign investments, exploring the links by which economic structure has shaped the competitive advantages of Brazilian firms investing abroad. We apply the investment development path (IDP) framework proposed by Dunning, which provides the tools to explain a micro phenomenon with macroeconomic evidence. From this departing point, the paper aims to shed light on some aspects of the country's structure and recent events that had impact on the economic sphere, in order to further explain the position that Brazil holds in its IDP graph.

Keywords: economic development; foreign direct investment; FDI; developing countries; multinational corporations; MNCs; investment development paths; economic structure; internationalisation; Brazil; competitive advantage; micro phenomena; macroeconomics; John Dunning; business environment; emerging markets. (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbenv:v:3:y:2010:i:4:p:393-411

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