Latin American governments in the promotion of outward FDI

Jorge Alcaraz, Johanan Zamilpa

Research output: Contribution to journalArticlepeer-review

4 Citations (Scopus)


A main issue in growing outward foreign direct investment (OFDI) from emerging economies is the participation of home governments. This paper focuses on governments in Latin America and how they are promoting the OFDI of their domestic enterprises. Brazil, Chile and Mexico are the leading countries in Latin America supporting OFDI, although only Brazil has an active policy and institutional arrangements for supporting home enterprise internationalization. Governments in Latin America need to develop their institutional environments and create suitable conditions for enterprises to expand internationally.
Original languageEnglish
Pages (from-to)91-108
Number of pages18
JournalTransnational Corporations
Issue number2
Publication statusPublished - 2017

Bibliographical note

Funding Information:
The BNDES offers different financial instruments for enterprise internationalization depending on the aim of the project.2 General rules and the operating procedures for financing are stipulated for these instruments. Some instruments are financing lines aimed at specific clients, sectors and projects, and have more specific rules. In general, investments eligible for funding from the BNDES must be related to the setting-up of new productive units, acquisition, expansion, upgrading or shareholding. There

All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting (miscellaneous)
  • Economics, Econometrics and Finance (miscellaneous)
  • Political Science and International Relations


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