Kiel Working Papers, Kiel Institute for World Economics
No 1047:
European FDI Strategies in Mercosur Countries
Peter Nunnenkamp
Abstract: Mercosur countries have witnessed a boom of foreign direct
investment (FDI) inflows since the early 1990s. However, regional
integration, viewed in isolation, was not sufficient for the subregion to
regain its attractiveness to FDI. FDI growth in individual Mercosur
countries was closely related to reform efforts on the national level.The
pattern of EU FDI in the subregion reveals some significant changes,
notably in terms of its major sources and its sectoral composition.
Furthermore, EU investors pursued strategies that differed from those of
other foreign investors. Yet, the character of EU FDI has essentially
remained unchanged so far. Whether efficiency-seeking FDI by the EU in
Mercosur will gain prominence in the future depends critically on
Mercosur's trade policy.
Keywords: Market-seeking FDI, efficiency-seeking FDI, regional integration, trade policy, EU-Mercosur relations.; (follow links to similar papers)
JEL-Codes: F21; F36; (follow links to similar papers)
50 pages, May 2001
Before downloading any of the electronic versions below
you should read our statement on
copyright.
Download GhostScript
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Downloadable files:
kap1048.pdf 
Download Statistics
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Programing by
Design Joakim Ekebom
