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Brazilian Journal of Political Economy

Print version ISSN 0101-3157On-line version ISSN 1809-4538


FERNANDES, Elaine Aparecida  and  CAMPOS, Antonio Carvalho. Foreign direct investment and the performance of Brazilian exports. Rev. Econ. Polit. [online]. 2008, vol.28, n.3, pp.490-509. ISSN 1809-4538.

Brazil, in the 1990s, assumed a remarkable position as a host of foreign direct investment. It is worth mentioning that the service sector received the highest proportion of foreign investment. This market seeking strategy was responsible for the growth of the Brazilian imports. The results are confirmed by the performance of foreign enterprises into different groups of activities. Those enterprises with majority of foreign capital have increased their imports the most from 1995 to 2000. Therefore, during the 1995-2000 period, this study does not support the view that foreign investment has directly improved the performance of the Brazilian exporting sector.

Keywords : Foreign direct investment; exports and transnational enterprises.

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