Foreign Direct Investment In Latin America During The Emergence of China And India : Stylized Facts / Cravino, Javier

In spite of the growing concerns about foreign direct investment being diverted from Latin America to China and India, the best available data show that Latin America has performed relatively well since 1997. Foreign capital stocks from OECD countries and the United States in particular in China and...

Description complète

Enregistré dans:
Détails bibliographiques
Auteurs principaux:Cravino, Javier
Autres auteurs:Lederman, Daniel
Olarreaga, Marcelo
Format: Online-Resource
Langue:English
Publié:Washington, D.C : The World Bank, 2007
Sujets:
Accès en ligne:URL des Erstveröffentlichers
Description
Résumé:In spite of the growing concerns about foreign direct investment being diverted from Latin America to China and India, the best available data show that Latin America has performed relatively well since 1997. Foreign capital stocks from OECD countries and the United States in particular in China and India are still far from those in the largest Latin American economies. The evidence shows that foreign capital stocks in China increased more than in Latin America during 1990-1997, but not as much since 1997. In fact, Latin America has actually performed better than China since 1997 given its lack of relative growth. The growth of foreign capital stocks in India was more stable than in China. Nonetheless, after controlling for shocks emanating from the source countries and bilateral distance between source and host countries, this paper finds a significant change in foreign capital stocks relative to China between 1990 and 1997, but no change relative to India
Description:Weitere Ausgabe: Cravino, Javier : Foreign Direct Investment In Latin America During The Emergence of China And India
Description matérielle:1 Online-Ressource (28 Seiten)