Foreign Direct Investment in Latin America

Its Changing Nature at the Turn of the Century

Werner Baer, William Miles

• Publisher: Routledge
• Year: 2013
• Topic: Economics
• eBook ISBN:
  9781135790356
• Subtopic: Business General
• Index: Economics

Examine the changing nature of foreign investments in Latin America!Generously enhanced with easy-to-understand charts, tables, and graphs, this book covers the ins and outs of foreign direct investment in the established and emerging markets of Latin America. In addition to an overview of direct investment for the entire Latin American region in the 1990s, this valuable book examines specific countries' experiences with FDI in that decade. These include Argentina, Chile, Mexico, Brazil, Peru, Ecuador, Paraguay, Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua.Spending on environmental projects is on the rise, and Latin American nations are at the forefront of this financial whirlwind in the developing world. Foreign Direct Investment in Latin America: Its Changing Nature at the Turn of the Century examines the difficulties of assessing environmental investments. It analyzes the role of international capital in Latin-American environmental issues and discusses the major players, such as the World Bank, in international capital and the environment.Foreign Direct Investment in Latin America presents case studies that illustrate:

• the history of FDI in Argentina and the impact of the privatization of state-owned enterprises in 1991-1993
• the similarities and differences between 1990s FDI in Mexico and Chile
• the ways that modern investment in Brazil differs in purpose from investment there in previous economic eras
• how Peru addressed its balance-of-payments crisis in a time when its domestic financial markets were thin and there existed few sources of financing besides banks
• how Paraguay's historical lack of infrastructure has hampered FDI efforts there
• Ecuador's financial and balance-of-payments crisis-its currency is in free-fall and its financial institutions are on the brink of collapse
• . . . and much more!Foreign Direct Investment in Latin America packs all this valuable information into a single user-friendly source. As we move into the new millennium, no student, educator, or investor interested in this quickly evolving, volatile market should be without it!

Index

Acer, 193

Agosin, M.R.,60, 69–75, 81

Alberdi, J.B., 52

Andean Pact, 130

Argentina, FDI (foreign direct investment) in

automotive sector and, 45–46

Central Bank and, 33–54

chemical industry and, 45

Convertibility Law and, 36–40

cycles of, 37, 50

desarrollista strategy and, 35

enlarged markets and, 44–45

financial system, needs of, 47–48

food and beverage sector and, 45

historical perspectives of, 34–36, 48–51

importance of, 51–52

introduction to, 3–5, 33–34

natural resources, exploitation of, 46–47

private sector and, 44–48

privatization and, 41–44

research about, 52–54

roles of, 36–40

sector shares and, 51

stages of, 40–48

statistical data about, 38–43, 46–47, 51

Artera, G., 138–139

Aschauer, D.A., 149, 158

Ashwell, W., 143, 157–159

Association of Non-Traditional Product Exporters, 178

Ayala, E., 142, 158

Baer, W., 3–11, 83–99, 138–139

Banco Bilbao Vizcaya, 105

Banco Central de Reserva del Perú, 101–118

Banco Central do Brasil, 88–92, 96

Banco Continental, 105–106

Banco de Crédito, 106

Banco de la Nación, 108

Banco de Lima-Sudameris, 105–106, 117

Banco Osorno, 70–71

Banco Santander, 70–71

Banco Standard Chartered, 105

Banco Weise, 106, 117

Bancomer, 77

Bank of Boston, 105

Banks and financial houses

Banco Bilbao Vizcaya, 105

Banco Central de Reserva del Peró, 101–118

Banco Central do Brasil, 88–92, 96

Banco Continental, 105–106

Banco de Crédito, 106

Banco de la Nación, 108

Banco de Lima-Sudameris, 105–106, 117

Banco Osorno, 70–71

Banco Santander, 70–71

Banco Standard Chartered, 105

Banco Weise, 106, 117

Bancomer, 77

Bank of Boston, 105

Central Bank (Argentina), 33–54

Citibank, 105

Continental-BBV, 105

Holbal II, Ltd., 105

IDB (Inter-American Development Bank), 17, 31, 157–159, 172–173, 204–205, 210...

Table of contents

• Cover
• Halftitle
• Title
• Copyright
• Contents
• About the Editors
• Preface
• Introduction
• Foreign Direct Investment in Latin America in the 1990s: Old Patterns, New Trends, and Emerging Issues
• FDI in Argentina During the 1990’s
• Foreign Direct Investment in Mexico and Chile: A Critical Appraisal
• Foreign Investment in the Age of Globalization: The Case of Brazil
• The Increased Role of Foreign Capital in the Peruvian Financial System: 1990-1998
• The Internationalization of Capital in a Small and Vulnerable Economy: The Case of Ecuador
• Paraguay: Output Growth and Foreign Investment
• Foreign Direct Investment in Central America: A Comparative History of Incentives, Local-Economy Linkages, and Payment Flows
• International Capital and the Environment in Latin America: Preparing for the Next Century
• Index