El Mercosur ¿un nuevo escenario para la inversión intra y extra-regional?
- Authors
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Martín Buxedas
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Luis Stolovich
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- Keywords:
- Investimentos de capital
- Abstract
- Regional economic integration processes promote investments and new enterprises amongst and inside the integrated countries. In the "Mercosur" case, although it is a recently initiated process, most of the investments have not so much taken place due to integration as for political decisions (debts conversión, privatization, promotional regimes). External flow has transformed itself into new rent seeking. Despite its relatively smaller importance and its incipient character, intraregional undertakings of regional firms have become more dynamic as a response to the new competitive context. Regional perspective begins to be a reference to entrepreneurial strategies. But we are still very far from the conformation of a "regional capital". The harmonization of policies relative to foreign investments between the "Mercosur" members should consider these new undertakings and prevent fiscal dumping, that favors foreign extraregional enterprises.
- Downloads
- Issue
- Vol. 17 No. 2 (1996)
- Section
- Artigos
- License
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