Political Risk and the Institutional Environment for Foreign Direct Investment in Latin America : An Empirical Analysis with a Case Study on Mexico
Book Details
Format
Paperback / Softback
ISBN-10
3631533462
ISBN-13
9783631533468
Publisher
Peter Lang AG
Imprint
Peter Lang AG
Country of Manufacture
DE
Country of Publication
GB
Publication Date
Nov 30th, 2004
Print length
342 Pages
Weight
530 grams
Dimensions
16.20 x 23.00 x 1.90 cms
Ksh 14,000.00
Manufactured on Demand
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The intensification of capital flows is an important characteristic of globalization. Attracting foreign direct investment is a viable way of ensuring the external financing of developing countries. Foreign direct investment flows, in turn, are determined by the decisions of multinational enterprises. One important determinant of investment decisions is the political environment of potential host countries. Political risks like expropriations, riots, revolutions or civil wars are important obstacles for investment. This book empirically analyzes the impact of political risks on foreign direct investment flows to Latin American countries. A case study of Mexico and its policy towards foreign investors offers further empirical evidence for the importance of the political environment for investment decisions of multinationals.
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