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...

While the West is struggling to find a way out of recession, emerging markets present myriad opportunities for growth. This paper offers a new perspective on how global economic triangulation facilitates trade between regions. Triangulation occurs where barriers exist to trade and investment...

This paper is the second of three working papers looking at the role and projection 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 numerous domestic challenges and the external constraints of the global...

Over the last three decades there has been a spectacular acceleration in the globalization of the economy. With domestic markets facing stagnation and/or saturation, internationalization is essential for firms in advanced countries to preserve and enhance their competitiveness. Since firms...