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Inward FDI in Argentina and its Policy Context
TNC ONLINE   2012-12-01 21:39:36 Author:Alicia Inés Caballero Source: Font size:[Large][Middle][Small]
Suggested Citation: 
Caballero, Alicia Ines (2012). Inward FDI in Argentina and its Policy Context. Transnational Corporations Review. Page 1-10, Volume 4, Number 1, March 2012.
 
Transnational Corporations Review
ISSN 1918-6444 (Print), ISSN 1925-2099 (Online)
Edited by Ottawa United Learning Academy
Published by Denfar Transnational Development
Volume 4, Number 1, March 2012, 1-10
Doi:10.5148/tncr.2012.4101

Author: Alicia Inés Caballero

Abstract: This paper discusses Argentina’s inward foreign direct investment (IFDI) flows and its policy context. Argentina recorded a substantial increase in IFDI in the 1990s, when Argentina was one of the main destinations for FDI inflows among emerging markets. Affiliates of multinational enterprises (MNEs) had then major presence in the Argentine economy. After the country’s economic crisis that began in 1999 and the subsequent devaluation of the Argentine peso in 2002, there has been an increasing but fluctuating trend in IFDI flows, affected by changing policies. The global crisis of 2008-2009 caused a 50 percent drop in IFDI flows, followed by a partial recovery in 2010. The variety of resources available – crops, livestock, minerals – constitute an attraction for FDI in Argentina, which could be enhanced with a better investment climate.

Keywords: Argentina, IFDI, investment policy, and development

References

Caballero, Alicia, Economía Argentina En Presente y Futuro (Buenos Aires: Editorial EDUCA, 2000).

Caballero, Alicia, Crímenes  Institucionales  y  Pecados  Económicos  (Buenos  Aires: Editorial EDUCA, 2007).
Chudnovsky, Daniel and Andres López, “Inversión extranjera directa y desarrollo: la experiencia del Mercosur,” Revista de la CEPAL, 92, (Agosto 2007), pp. 7-23.
INDEC. Instituto Nacional de Estadísticas y Censos.
ProsperAr, Investment Report (Buenos Aires: ProsperAr, 2008).

UNCTAD, Informe Mundial de Inversiones 2008: las Empresas Transnacionales y el Desafío de las Infraestructuras (New York and Geneva: United Nations, 2008).

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