World Economics - Insight , Analysis and Data

World Economics - Insight , Analysis and Data
Finance, Technology and Multinationals from the Periphery
Edmund Amann & Werner Baer
World Economics, March 2010

This article analyses the emergence of Latin American multinational corporations (MNCs), with a particular emphasis on the roles of finance and technology. It is established that the need to acquire foreign technology and finance has played a key role in the emergence of Latin MNCs. However, in respect to technology at least, the internationalisation process is also increasingly predicated upon the exploitation of domestically generated assets.
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