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This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern … vertical FDI. The market-seeking strategy appears to be more important than factor-proportion related motivations; however, the … robust relationship of complementarity between trade integration and FDI provides at least one argument in support of …
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The objective of this report is to examine the extent to which countries in Latin America and the Caribbean participate in global value chains and what are the drivers of such participation. Production processes have been increasingly fragmented worldwide. For example, the production of the...
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