THE INVESTMENT OF SPANISH COMPANIES IN LATIN AMERICA, PATTERNS AND DETERMINING FEATURES

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gsolana@nebrija.es

Holder of a Bachelor Degree in Economics and Business Sciences, Universidad Autónoma de Madrid. Holder of a Bachelor in Law, Universidad Nebrija. Holder of a Ph.D. in Economic Sciences, Universidad Castilla-La Mancha. Director of the Nebrija Santander Global Chair in internationalization of companies, Universidad Nebrija (Spain).

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rmyrosan@ucm.es

Holder of a Bachelor Degree in Economics and Business Administration, Universidad Complutense, Madrid. Holder of a Ph.D. in Economic Sciences, Universidad Complutense. Full Professor of Applied Economics, Universidad Complutense (Spain).

Resumo

The objective of this paper is to analyse the recent evolution of Spain’s Foreign Direct Investment in Latin America and the internationalization patterns of Spanish companies in these countries. To this end, statistics on investment flows have been studied and the main work of the authors in the business field have been reviewed. As a result, investment interest in Latin America has not decreased despite the crisis that began in 2008, due to its dynamism, the growth of its middle classes and the need to improve basic infrastructure. The interest in Latin America for the opportunities these countries offer to address third markets and improve competitive capacity is also noteworthy.

Este trabajo tiene como objetivo analizar la evolución reciente de la Inversión Extranjera Directa de España en América Latina y los patrones de internacionalización de las empresas españolas en estos países. Para ello, se ha explotado la estadística sobre los flujos de inversión y se han revisado las principales investigaciones de los autores en el ámbito empresarial. Como resultado, el interés inversor por América Latina no ha disminuido a pesar de la crisis iniciada en 2008, debido a su dinamismo, el crecimiento de sus clases medias y las necesidades de mejora de infraestructuras básicas. También es destacable el interés en América Latina por las oportunidades que ofrecen estos países para abordar terceros mercados y mejorar la capacidad competitiva.

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Como citar este artigo

González, GS; Sánchez, RM (2019). “The investment of Spanish companies in Latin America, patterns and determining features”. JANUS.NET e-journal of International Relations, Vol. 10, N.º 1, May-October 2019. Consulted [online] on the date of the last visit, https://doi.org/10.26619/1647-7251.10.1.8

Article received on 16 August, 2018 and accepted for publication on 4 February, 2019

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