Multinational Enterprises In Latin America Since The 1990S

Hardcover | May 15, 2011

byPablo Toral

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Privatization of state-owned enterprises and liberalization of trade and investment flows were two of the cornerstones of the structural reforms implemented by governments across Latin America in the 1990s. Spanish multinational enterprises were attracted by these reforms into industries such as banking and finance, telecommunications, public utilities and oil and gas and by the late 1990s, Spain passed the United States as the main origin of foreign direct investment flows in Latin America. Building on the know-how developed in previous decades in Spain, Spanish multinationals became major player in these sectors that constituted the backbone of the Latin American economies.

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Privatization of state-owned enterprises and liberalization of trade and investment flows were two of the cornerstones of the structural reforms implemented by governments across Latin America in the 1990s. Spanish multinational enterprises were attracted by these reforms into industries such as banking and finance, telecommunications,...

Pablo Toral is Mouat Junior Professor of International Studies at Beloit College. His publications include two books, The Reconquest of the New World (2001) and Latin America’s Quest for Globalization (edited with Félix Martín; 2005) and articles in journals in the fields of international relations, international political economy and...

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Format:HardcoverDimensions:262 pages, 8.58 × 5.76 × 0.81 inPublished:May 15, 2011Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230100457

ISBN - 13:9780230100459

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Table of Contents

Theoretical Considerations and Development of the Model * Banking * Telecommunications * Public Utilities * Oil and Natural Gas

Editorial Reviews

“During the 1990s two independent political economic processes converged in Latin America: expansion of business privatization and growing flows of Spanish direct investment. The convergence of these forces is the focal juncture of Toral’s study. Toral advances a rigorous theoretical model and a rich empirical analysis of an important question in the international political economy of Iberoamerica and successfully accomplishes his analysis in splendidly crafted and elegantly written chapters. This is an important contribution to the theory-building process in international relations in general and in international political economy in particular. Rarely does a book muster both empirical richness and theoretical rigor. An original and refined example of the successful accomplishment of these scholarly canons.”--Félix Martín, Associate Professor of Politics and International Relations, Florida International University