Competing for foreign direct investment

Efforts to promote nontraditional FDI in Costa Rica, Brazil, and Chile

Research output: Contribution to journalArticle

7 Citations (Scopus)

Abstract

This article examines government efforts in Costa Rica, Rio Grande do Sul in Brazil, and Chile to promote nontraditional foreign direct investment (FDI). Rather than attempting to account for the overall level of FDI attracted, this article seeks to explain the ability of governments to develop a well-targeted, responsive, and sustained strategy specifically to attract nontraditional FDI. It concludes that three independent variables play an important role in making some governments more effective than others at developing strategies to promote nontraditional FDI. These are the extent of the government's autonomy from special interest groups, both domestic and foreign; the extent of the government's transnational learning capacity; and the extent to which there is an ideological consensus among political parties in the country or state in favor of working closely with the business community.

Original languageEnglish (US)
Pages (from-to)3-28
Number of pages26
JournalStudies in Comparative International Development
Volume40
Issue number3
StatePublished - Sep 2005
Externally publishedYes

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Costa Rica
foreign direct investment
direct investment
foreign investment
Chile
Brazil
autonomy
interest group
learning
ability
community

ASJC Scopus subject areas

  • Political Science and International Relations
  • Development
  • Sociology and Political Science

Cite this

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