Smallish foreign direct investment, sluggish growth : can MERCOSUR do better?

Date

2009-12

Journal Title

Journal ISSN

Volume Title

Publisher

IDRC, Ottawa, ON, CA

Abstract

MERCOSUR is a South American trade bloc. Work by the MERCOSUR network shows evidence that foreign direct investment (FDI) has had no significant overall impact on investment and growth in South America; most goes to the developed world (almost 70%) with the balance going to developing countries, mainly the fast-growing economies of East Asia. Active policies to increase FDI yield better results if multinationals are looking for efficiency improvements, rather than natural resources or large domestic markets. The brochure is a one-page publication, part of IDRC’s “Globalization, Growth and Poverty” Program Initiative.

Description

French version available in IDRC Digital Library: IED sans envergure, une croissance stagnante : le Mercosur peut-il faire mieux?

Keywords

FOREIGN DIRECT INVESTMENT, MERCOSUR, INTERNATIONAL MARKET, ECONOMIC GROWTH, DOMESTIC MARKET, VALUE CHAINS, SOUTH AMERICA, POSTER, BROCHURE

Citation

DOI