The Role of Foreign Direct Investments in the Development of Brazil and India: A Comparative Analysis

Werner Baer, Rahul A. Sirohi

Research output: Contribution to journalArticlepeer-review

Abstract

In this paper we concentrate on FDI and argue that the contrasting FDI policies in Brazil and India can be traced back to differences in the respective colonial (or semi-colonial) experiences of the two nations during the 19th century. Our comparative analysis of FDI in Brazil and India shows the importance of historical and institutional awareness in gaining an understanding of the manner in which each society perceived the role of foreign investments in their societies. By doing this, we gain an understanding of the reasons these countries adopted different attitudes and policies towards foreign capital.

Original languageEnglish (US)
Pages (from-to)46-62
Number of pages17
JournalKyklos
Volume66
Issue number1
DOIs
StatePublished - Feb 2013

ASJC Scopus subject areas

  • Arts and Humanities (miscellaneous)
  • Economics and Econometrics

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