Lecturas de Economía (Dec 2009)

Una evaluación de las políticas promocionales de inversión extranjera directa en América Latina

  • Lorena Morales,
  • Oriana Patricia Guerrero,
  • Mauricio López

Journal volume & issue
Vol. 71, no. 71
pp. 141 – 168

Abstract

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In the past two decades, Foreign Direct Investment (FDI) has gained importance in Latin Americaneconomies. This is because, as this article intends to demonstrate, increasingly sounder macro-economic stabilityand the fact that the region's countries have opened and flexibilized their regulatory frameworks. In this manner,and through a model of data from panels, this article finds that the measures implemented in Latin America toattract FDI have enabled a larger inflow of resources. On another front, the model also ascertains the importanceof other factors such as macroeconomic stability and the size of the market, which also explain a good percentageof these flows.

Keywords