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Internationalization of companies, State and development: the internationalization of brazilian companies in South America (2003-2014)

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Author(s):
Daniela Cristina Comin Rocha
Total Authors: 1
Document type: Doctoral Thesis
Press: Araraquara. 2018-04-16.
Institution: Universidade Estadual Paulista (Unesp). Faculdade de Ciências e Letras. Araraquara
Defense date:
Advisor: Marcelo Santos
Abstract

The internationalization of Brazilian companies is not a recent process. There are cases of companies that started their internationalization between the decades of 70 and 80 of the XX century. However, from the decade of 90, this process accelerates and gains greater strength in the beginning of the years 2000. Although the FDI (Foreign Direct Investment) made by Brazil is still low, when compared to other emerging countries and also in relation to its GDP (Gross Domestic Product), data by the United Nations Conference on Trade and Development (UNCTAD) reveal that this flow has shown growth, particularly in the first decade of the years 2000. Despite the difficulties in identifying its final destination, studies point South America as a preferential region for the productive internationalization of Brazilian companies. The greatest internationalization of these companies in South America took place at a time of resumption of the discussions about the role of the State in economic development and government elections, both in Brazil and in other South American countries, more at the left of the political spectrum. In the national plan, the subject “industrial policy” came back to the govern agenda, at the same time that an economic policy that did not favor productive investments were kept. In the regional plan, the subject of integration begin to include “new subjects” beyond the commercial and economic subjects, which were key subjects in the so-called “open regionalism” of the decade of 90. The Brazilian external policy in turn has elected the South American region as priority and included in its industrial policy the productive integration with Latin American and Caribbean as a strategic goal. In this context, actions and instruments supporting the internationalization of Brazilian companies, especially in South America, could be identified by institutions such as ABDI (Agência Brasileira de Desenvolvimento Industrial), APEX-Brasil (Agência Brasileira de Promoção de Exportações e Investimentos), and BNDES (Banco Nacional de Desenvolvimento Econômico e Social). Thus, although it is considered that the internationalization is a decision of the firm, it is defended the thesis that the Brazilian government had influence over the internationalization processes of Brazilian companies by measures of industrial policy and the external policy for South America. This analysis encompasses the governments of Lula da Silva (2003-2014) Dilma Rousseff (2011-2014). John Dunning’s Eclectic Paradigm was the foundation for this analysis jointly with other literatures of International Economic Policy, as well as the Brazilian external policy and regional integration. The effort of this work is to gather economic and political variables to explain the internationalization of Brazilian companies in South America. As underlying issues, we discuss the role of the State (and its institutions) in the economic development and the importance of regional integration as a strategy for development and international insertion for developing countries, as Brazil. (AU)

FAPESP's process: 14/12673-2 - The internationalization of the Brazilian companies in South America and its implication in regional integration
Grantee:Daniela Cristina Comin Rocha
Support Opportunities: Scholarships in Brazil - Doctorate