@techreport{Nunnenkamp1998German,
abstract = {Foreign direct investment (FDI) of Germany in Latin America reveals various
peculiarities that may shape future investment relations. However, two major
concerns are largely unfounded:
- In contrast to widespread fears in Germany, FDI outflows are highly unlikely
to have added to labor market problems.
- Host country concerns that the Eastern enlargement of the EU may divert
German FDI away from Latin America seem to be unjustified.
German investors have responded relatively weakly to new investment
opportunities in Latin America. Some of the traditional features of German FDI in
this region, notably the predominant orientation towards large local markets, may
work against closer investment relations in the era of globalization. Much
depends on whether Latin American host countries succeed in improving
international competitiveness in industries in which German FDI is concentrated.},
address = {Kiel},
author = {Peter Nunnenkamp},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {F21; 330; Direktinvestition; Multinationales Unternehmen; Globalisierung; Deutschland; Lateinamerika},
language = {eng},
number = {861},
publisher = {Kiel Institute for the World Economy (IfW)},
title = {German direct investment in Latin America : striking peculiarities, unfounded fears, and neglected issues},
type = {Kiel Working Papers},
url = {http://hdl.handle.net/10419/1019},
year = {1998}
}
