Abstract

LANCIOTTI, Norma  and  LLUCH, Andrea. Foreign Companies during the Phase of State-Led Industrialization. Apuntes [online]. 2014, vol.41, n.75, pp.79-108. ISSN 0252-1865.

This article analyzes the local and global factors that shaped direct foreign investment in Argentina. Using information provided by a new database on foreign companies in Argentina (BDEEA-FCAD), an analysis is carried out of the changes in organizational structures and entry strategies of the 100 largest foreign multinationals during the period of state-led industrialization when these companies were attracted by the expansion in industrial demand within a protected economy. The central argument of this article is that Argentina was a host economy that was very open to foreign direct investment (FDI) during the period of state-led industrialization when foreign firms increased their holdings through the acquisition of Argentine companies, the creation of joint ventures, and participation in local companies.

Keywords : Argentina; foreign companies; foreign investment; direct investment; multinational enterprises.

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