In this paper, the authors discuss in detail a number of channels through which RIA could affect the location of FDI. In addition to clarifying the main effects at play, this conceptual discussion should help lay down a roadmap for the empirical exercises that follow. First, a brief stylized...

This presentation discusses the effects of the Free Trade Area of the Americas (FTAA) on foreign direct investment (FDI). In particular, the inflow of FDI from the United States and Canada towards Latin American countries is discussed along with an analysis of the role of regional integration...

This paper explores the qualitative and quantitative implications of taxation for growth and savings in three Latin American countries: Brazil, Chile and Mexico, studying a small open economy in the context of an endogenous growth model where the domestic interest rate depends on the level of...

Why are growth rates in Latin America so disappointing? This book reviews the results of an ambitious research project to determine the binding constraints to growth, that is, the barrier whose removal would yield the greatest benefit in terms of growth. Included are case studies from seven...

This book provides an overview and analysis of the increased presence of European investors in Latin America, in addition to presenting the results of a survey carried out in the major European investor countries whose aim was to analyze corporate investment strategies in Latin America.Abstract:...