This analysis focuses on studying whether four significant trends in Latin America may be important determinants of FDI. The trends explored are: increased financial liberalization, improvements in the quality of institutions, shifts towards leftist governments, and increased dependence on...

This paper uses panel Granger causality tests to study the relationship between sector specific FDI and CO2 emissions. Using a sample of 18 Latin American countries for the 1980-2007 period, we find causality running from FDI in polluting intensive industries (“the dirty sector”) to CO2...

This article looks at the impact of crime and institutions on FDI into Latin America and the Caribbean during the 1996-2010 period. FDI is disaggregated into primary, secondary and tertiary sectors and three variables related to violent crime are used: homicides, crime victimization, and...

Tax competition and spillover models offer ambiguous predictions of tax haven impacts on non-tax havens. The implications of tax havens for less developed countries (LDCs), in particular, are not well understood and are little studied. This paper investigates the impact of tax havens on foreign...