Economic Crises and Electoral Responses in Latin America (review)
In: Latin American politics and society, Band 49, Heft 1, S. 181-184
ISSN: 1548-2456
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In: Latin American politics and society, Band 49, Heft 1, S. 181-184
ISSN: 1548-2456
In: Latin American politics and society, Band 49, Heft 1, S. 181-183
ISSN: 1531-426X
In: Latin American politics and society, Band 49, Heft 1, S. 181-184
ISSN: 1548-2456
In: Studies in comparative international development: SCID, Band 49, Heft 4, S. 426-447
ISSN: 1936-6167
This study examines the political determinants of foreign direct investment (FDI) across 15 Latin American countries from 1986 to 2006. In contrast to existing scholarship, we focus on the causes of investment by economic sector-primary resources, manufacturing, and services. Additionally, a regional focus on Latin America helps to control for omitted variables by comparing relatively similar countries. We find substantial variation in the causes and characteristics of FDI across sector. Specifically, manufacturing investment is volatile and attracted to less democratic regimes. In contrast, investment in primary resources privileges greater democracy and property rights protection, while FDI in services is associated with public fiscal responsibility. These results yield important theoretical and practical implications for scholars and policymakers throughout the region. Adapted from the source document.
In: Studies in comparative international development, Band 49, Heft 4, S. 426-447
ISSN: 0039-3606
World Affairs Online
In: Latin American policy: LAP ; a journal of politics & governance in a changing region, Band 4, Heft 2, S. 238-250
ISSN: 2041-7373
This article examines the effects of market‐oriented economic reforms on foreign direct investment (FDI) flows to Latin America from 1985 to 2006. In contrast with most existing scholarship, we disaggregate FDI into its destination in the primary resource, manufacturing, and service sectors, allowing us to determine that different kinds of investments exhibit distinct behavior. Manufacturing FDI appears to be erratic; previous investment is not a predictor of current investment. FDI across sectors is associated with varying policy environments, with service and primary resource investment attracted to hosts with policies associated with more stable economic and political contexts. Overall, manufacturing FDI appears to function more like "hot" portfolio investment and is less likely to provide some of the positive spillover effects thought to be associated with more permanent FDI. These findings have an array of implications for economic, development, and industrial policies throughout Latin America and the developing world.
In: Studies in comparative international development: SCID, Band 49, Heft 4, S. 426-447
ISSN: 1936-6167
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 44, S. 156-164
In: International studies perspectives: ISP, Band 10, Heft 1, S. 49-59
ISSN: 1528-3585
In: International studies perspectives: a journal of the International Studies Association, Band 10, Heft 1, S. 49-59
ISSN: 1528-3577
In: The journal of politics: JOP, Band 59, Heft 4, S. 1096-1113
ISSN: 1468-2508
In: The journal of politics: JOP, Band 59, Heft 4, S. 1096-1113
ISSN: 0022-3816