COMPARATIVE CAPITALIST DEVELOPMENT: A STUDY OF THE FOREIGN DIRECT INVESTMENT PATTERNS OF BRAZIL AND SOUTH KOREA

Fernanda Steiner Perin, Silvio Cario

Resumo


This paper aims to characterize how was the treatment for the outward
Foreign Direct Investment (FDI) within the Brazilian and South Korean development
standards. In this regard, at first, we discuss the main characteristics of the Brazilian and
South Korean economic development from a historical perspective, which points out
to significant State intervention through conducting and planning the industrialization
processes. Brazilian polices to support internationalization are not as intensive as in South
Korea. The comparative study of the two countries demonstrated that the outcome of
the performance of international integration is a result of driving the industrialization
process in each country. The outward FDI from South Korea indicates more consistent
performance outcomes in quantitative terms, more geographic diversity, and a specific
focus on the most technologically sophisticated sectors. Meanwhile, the Brazilian
outward FDI has grown significantly in recent years; however it presents insufficient
institutional support and is controlled by less sophisticated sectors.

Palavras-chave


Brazil; Korea; Industrialization process; Outward foreign direct investment

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DOI: https://doi.org/10.22456/2176-5456.72587

Licença Creative Commons
Este obra está licenciado com uma Licença Creative Commons Atribuição 4.0 Internacional.

 
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Indexadores


 PROPESQ  PROPESQ PROPESQ   PROPESQ      PERIÓDICOS UFRGS


 
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Universidade Federal do Rio Grande do Sul
Faculdade de Ciências Econômicas
Revista Análise Econômica
ISSN 0102-9924 / e-ISSN 2176-5456