Following dramatic macroeconomic changes in 1991, the whole Argentine economy was deeply transformed at the microeconomic level. Central to this transformation was the inflow of foreign capital, in the form of mergers, acquisitions, joint ventures, greenfield investments, strategic alliances,...

The growing interest of Brazilian companies in the Argentine market has attracted the attention of the both economies on the implications and the reasons behind of this phenomenon. Recent data show a marked increased tendency flow of foreign direct investment (FDI) in Brazil toward the...

This article analyzes the performance of foreign electric-utility companies and the evolution of the electric-power industry in Argentina from 1890 until the end of the 1950s, when the electric utilities were nationalized. It focuses on the decisions and strategies of the subsidiaries controlled...

The main motivation of this paper is to describe and assess the impact of sudden and deep macroeconomic liberalization on the industry-level and firm-level behavior of companies operating in Latin American emerging economies. The transformation of Argentina's economy during the 1991-1997 period...

The growing interest of Brazilian companies in the Argentine market has attracted the attention of the both economies on the implications and the reasons behind of this phenomenon. Recent data show a marked increased tendency flow of foreign direct investment (FDI) in Brazil toward the...

In this paper, I estimate the economic effects of adopting a customs union in the context of an oligopolistic market with multinational firms, tariffs and non-tariff barriers. Specifically, I estimate a model of demand and supply for cars in Argentina and Brazil and I look at the consequences of...