This article looks at the reasons for the rapid rise of emerging country multinationals (EMNCs) in the global competitive landscape, despite their ‘late mover' status. We identify two predominant factors in the rise of these companies: the influence of the institutional environment on the...

In light of the recent interest in the internationalization of multinationals from emerging countries (EMNCs), we propose an analytical framework that challenges the somewhat condescending way in which these global players have been portrayed. Case studies of Latin American multinationals...

This paper first compares Outward Foreign Direct Investment (OFDI) trends between China and Latin America - the main investors among developing economies today. We discover that although China and Latin American countries have different geographic distributions, their investment in developed...

This is one of three working papers (with Casanova, Kassum 2013a, and Casanova, Kassum 2013b) to examine the role of Brazil as an emerging global power. Is Brazil's rise on the global stage barely beginning, or has it already hit a plateau, held back by domestic challenges and the external...