 International Investments and Rising ProtectionismLouis Emmerij Asian Development Review (ADR), 1990, vol. 08, issue 02, 103-115 Abstract: The relationship between international investments and protectionism is an evolving one. U.S. multinational enterprises have traditionally invested in Latin America for import substituting reasons. In other words, the foreign firm entered in order to take advantage of the internal market. In recent years, however, these firms have turned more and more to export markets, given the collapse of purchasing power in Latin America. Japanese multinational enterprises, on the contrary, have traditionally invested abroad to take advantage of lower costs for the production of goods then reimported into Japan, and in general for exports on the world market. This tendency has seen an acceleration since 1985, i.e., since the upward pressure on the yen began. There are other reasons for international investments but the two mentioned are clearly the most important. International investments occur to take advantage of national markets, particularly when access becomes difficult due to protectionist walls. International investments also occur to take advantage of differences in labor costs as a springboard to conquer a corner of global markets… Date: 1990 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:wsi:adrxxx:v:08:y:1990:i:02:n:s0116110590000124 Ordering information: This journal article can be ordered from DOI: 10.1142/S0116110590000124 Access Statistics for this article Asian Development Review (ADR) is currently edited by Tetsushi Sonobe More articles in Asian Development Review (ADR) from World Scientific Publishing Co. Pte. Ltd. |
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