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Can Latin American Firms Compete?$
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Robert Grosse and Luiz F. Mesquita

Print publication date: 2007

Print ISBN-13: 9780199233755

Published to Oxford Scholarship Online: January 2008

DOI: 10.1093/acprof:oso/9780199233755.001.0001

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Outward FDI and the Competitiveness of Latin American Firms

Outward FDI and the Competitiveness of Latin American Firms

Chapter:
(p.45) 3 Outward FDI and the Competitiveness of Latin American Firms
Source:
Can Latin American Firms Compete?
Author(s):

Márcia Tavares

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199233755.003.0003

This chapter describes recent trends in the internationalization of Latin American companies through foreign direct investment (FDI). Focusing on the larger Latin American investors, the chapter undertakes a qualitative analysis of how outward investment has contributed to the competitiveness of Latin American firms; the factors that are specific to the Latin American business environment that have contributed to the success of the region's firms in their direct investments abroad; and the main challenges faced by these companies when investing outside their home countries. The analysis is based on interviews of firms in Argentina, Brazil, Chile, and Mexico conducted by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), as well as publicly available corporate information and secondary sources.

Keywords:   internationalization, Latin America, foreign direct investment, business environment, ECLAC

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