Brazilian Foreign Direct Investment in ECE - host country determinants
Judit Ricz ()
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Judit Ricz: Institute of World Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences
No 246, IWE Working Papers from Institute for World Economics - Centre for Economic and Regional Studies
Outward Foreign Direct Investments (OFDI) from Emerging Multinational Enterprises (EMNEs) is a rather recent phenomenon that has significantly changed the patterns of the international capital markets, with important consequences also for the host countries’ economies. On the global scene Brazil was among the new significant emerging foreign investors, that has shown impressive investment growth in the 2000s. This paper investigates the host country determinants of Brazilian OFDI, with mainly (though not exclusively) focusing on the East Central European (ECE) region. Besides empirical interest on the main locational determinants of Brazilian FDI, we are also interested in the more theoretically oriented question whether Brazilian foreign investments follow the patterns of the established theories on FDI motivations.
Keywords: Brazil; OFDI; internationalization; multilatinas; EMNEs; pull factors; homecountry determinants; East Central European region (search for similar items in EconPapers)
JEL-codes: F2 F21 G11 O54 P12 (search for similar items in EconPapers)
Pages: 23 pages
New Economics Papers: this item is included in nep-cse and nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:iwe:workpr:246
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