Abstract
Foreign investment has been one of the principal engines of economic development in Latin America since the second half of the nineteenth century, and should continue to be so in the foreseeable future, but we must be aware that in the future foreign investment will have to perform tasks which are less adaptable to its nature than those it executed so efficiently in the past.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Bibliography
Economic Commission for Latin America (ECLA) (1953), Analyses and Projections of Economic Development: An Introduction to the Techniques of Programming (New York: United Nations, publication e/CN/12/363).
IMF (1948), Balance of Payments Manual (Washington, DC).
InterAmerican Development Bank (IDB) (1982), Economic and Social Progress Report: The External Sector (Washington, DC: IDB).
Lewis, Cleona (1938), America’s Stake in International Investment (Washington, DC: Brookings Institution).
List, F. (1855), Sistema Nacional de Economia Politica (Madrid, Spain: Aguilar, 1855).
Manoilesco, M. (1929), Théorie du Protectionisme (Theory of Protectionism) (Paris, France: Marcel Giard).
Pazos, F. (1985/86), ‘Have Import Substitution Policies Either Precipitated or Aggravated the Debt Crisis?’, Journal of Interamerican Studies (Winter).
Prebisch, R. (1949), ‘El Desarrollo Economico de Mexico’, El Trimestre
Economico (January/March).
Singer, H. (1950), ‘The Distribution of Gains between Investing and Borrowing Countries’, American Economic Review (Papers and Proceedings of the December 1949 Meeting), pp. 473–85.
Teitel, S. and F. Thoumi (1986), ‘From Import Substitution to Exports: The Recent Manufacturing Export Experience of Argentina and Brazil’, Economic Development and Cultural Change, 34, 3 (April).
Tyler, W. (1983), ‘The Anti-Export Bias in Commercial Policies and Export Performance: Some Evidence from the Recent Brazilian Experience’, Weltwirtschaftliches Archiv, 119, pp. 97–108.
UN (1955), Foreign Capital in Latin America (New York).
Urquidi, V. (1946), ‘El Progreso Economico de Mexico’, El Trimestre Economico (January/March).
US Department of Commerce (1953), Foreign Investment of the United States Census of 1950 (Washington, DC).
US Department of Commerce (1954/1983), Survey of Current Business (Washington, DC).
Viner, J. (1952), International Trade and Economic Development, (New York: The Free Press).
World Bank (1983, 1984, 1988) Development Report (Washington, DC).
Editor information
Editors and Affiliations
Copyright information
© 1992 Antonio Jorge and Jorge Salazar-Carrillo
About this chapter
Cite this chapter
Pazos, F. (1992). New Direction of Foreign Investment in Developing Countries. In: Jorge, A., Salazar-Carrillo, J. (eds) The Latin American Debt. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-12051-2_3
Download citation
DOI: https://doi.org/10.1007/978-1-349-12051-2_3
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-12053-6
Online ISBN: 978-1-349-12051-2
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)