The foreign direct investment in a new industrial strategy

Vol. 9 No. 2 (1989)

Apr-Jun / 1989
Published April 1, 1989
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Fritsch, Winston, and Gustavo H. B. Franco. 1989. “The Foreign Direct Investment in a New Industrial Strategy”. Brazilian Journal of Political Economy 9 (2):157-77. https://doi.org/10.1590/0101-31571989-1351.
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The foreign direct investment in a new industrial strategy

Winston Fritsch
Departamento de Economia da Pontifícia Universidade Católica do Rio de Janeiro - PUC/RJ, Brasil.
Gustavo H. B. Franco
Departamento de Economia da Pontifícia Universidade Católica do Rio de Janeiro -PUC/RJ, Brasil.
Brazilian Journal of Political Economy, Vol. 9 No. 2 (1989), Apr-Jun / 1989, Pages 157-177

Abstract

The paper discusses the normative principles on which Brazilian policies towards
foreign direct investment should be bared. It starts from considerations about global
trends regarding world industrialization and trade – especially as connected with new technological
developments – and seeks to identify some crucial elements in the relationship
between Brazil and the world economy to be shoped by multinational corporations. Next
the paper deals with issues related to market access and technological transfer emphasizing
the importance of foreign firms for the future of Brazilian industrialization and export
performance.

JEL Classification: F21; L52.


Keywords: foreign direct investment industrial policy liberalization