Access the full text.
Sign up today, get DeepDyve free for 14 days.
Zhaoxi Li (2008)
CHINA'S GO GLOBAL POLICY
A. Amsden (2001)
The rise of "the rest"
Qiuzhi Zhu, Lijiang Zhu, Jun Zhou (2010)
Chinese multinationals gain further momentum
Howard Pack, Kamal Saggi (2006)
Is there a case for industrial policy? A critical surveyWorld Bank Research Observer, 21
J. Dunning, R. Narula (1995)
Foreign Direct Investment and Governments: Catalysts for economic restructuring
J. Dunning, Changsu Kim, Donghyun Park (2008)
Old Wine in New Bottles: A Comparison of Emerging Market TNCs Today and Developed Country TNCs Thirty Years Ago.Research Papers in Economics, 011
W. Form, P. Evans (1996)
Embedded Autonomy: States and Industrial Transformation.Administrative Science Quarterly, 42
S. Lazzarini, Aldo Musacchio, Aldo Musacchio, Rodrigo Bandeira-de-Mello, Rosilene Marcon (2014)
What Do Development Banks Do? Evidence from BNDES, 2002-2009Institutions & Transition Economics: Political Economy eJournal
C. Dhanaraj (2009)
Emerging Multinationals in Emerging MarketsThe Multinational Business Review, 17
G. Arbix, L. Caseiro (2012)
DESTINATION AND STRATEGY OF BRAZILIAN MULTINATIONALSJournal of Academic Research in Economics, 4
A. Costa (2012)
A trajetória de internacionalização da Petrobras na indústria de petróleo e derivados., 12
(2005)
New Sources of FDI: the BRICs. Outward FDI from Brazil, Russia, India and China
J. Ocampo, C. Rada, L. Taylor (2009)
Growth and Policy in Developing Countries: A Structuralist Approach
L. Soete (2007)
From Industrial to Innovation PolicyJournal of Industry, Competition and Trade, 7
(1998)
UNCTAD, World Investment Report 1998: Trends and Determinants (Geneva and New York: United Nations, 1998)
A. Goldstein (2009)
Multinational companies from emerging economies : composition, conceptualization and direction in the global economyThe Indian Journal of Industrial Relations, 45
G. Masiero, M. Ogasavara, L. Caseiro, Silas Junior (2014)
Financing the Expansion of Brazilian Multinationals into Europe: The Role of the Brazilian Development Bank (BNDES)
Michael Wagner, T. Collins (2014)
Does Ownership Matter?Journalism Practice, 8
G. Masiero, Diego Coelho (2014)
A política industrial chinesa como determinante de sua estratégia going globalRevista de Economia Política, 34
Ken Davies (2010)
Outward FDI from China and its policy context
Yadong Luo, Qiuzhi Xue, Binjie Han (2010)
How emerging market governments promote outward FDI: Experience from ChinaJournal of World Business, 45
Federico Bonaglia, A. Goldstein, J. Mathews (2007)
Accelerated Internationalisation by Emerging Multinationals: The Case of the White Goods SectorIO: Empirical Studies of Firms & Markets
A. Nölke (2014)
Introduction: Toward State Capitalism 3.0
A. Amsden (2012)
National companies or foreign affiliates: Whose contribution to growth is greater?
K. Aiginger (2007)
Industrial Policy: A Dying Breed or A Re-emerging PhoenixJournal of Industry, Competition and Trade, 7
R. Wade (2010)
After the Crisis: Industrial Policy and the Developmental State in Low‐Income CountriesGlobal Policy, 1
P. Buckley, A. Cross, H. Tan, L. Xin, Hinrich Voss (2008)
Historic and Emergent Trends in Chinese Outward Direct InvestmentManagement International Review, 48
Lise Johnson (2012)
Absent from the discussion: The other half of investment promotion
Seev Hirsch (2012)
Nation states and nationality of MNEs
Ana Além, C. Cavalcanti (2005)
O BNDES e o Apoio à Internacionalização das Empresas Brasileiras: Algumas Reflexões* O BNDES e o Apoio à Internacionalização das Empresas Brasileiras: Algumas Reflexões*
D. Rodrik (2004)
Industrial Policy for the Twenty-First CenturyCEPR Discussion Paper Series
J. Ocampo (2007)
La macroeconomía de la bonanza económica latinoamericana, 2007
D. Aykut, A. Goldstein (2006)
Developing Country Multinationals: South-South Investment Comes of Age
Purpose– This paper aims to analyze how the Brazilian and Chinese outward foreign direct investment (OFDI) policies can contribute to the economic development of their home countries. Design/methodology/approach– The aforementioned objective is achieved through a comparative analysis of the Brazilian and Chinese OFDI policies within a new theoretical framework for examining the developmental implications of OFDI. Both primary and secondary data are utilized to compare Brazilian and Chinese strategies. Findings– It was concluded that Brazil and China have shifted from a development strategy centered on internal market self-sufficiency to one that seeks international economic prominence by, among other strategies, adopting OFDI support as a part of their industrial policy agenda. However, while the Chinese Government has focused on cross-national acquisitions of assets that are scarce within the country, the Brazilian Government has preferred to support industries that are already highly competitive internationally. The Chinese strategy has a greater potential to generate positive spillovers to domestic economy. Social implications– This paper ends with recommendations on how Brazil, in particular, and emerging economies, in general, may improve their OFDI policies. Originality/value– The contribution of this paper to the existent literature relies both on its approach and on its theoretical framework. Differing from the majority of the studies on the internationalization of companies from emerging economies, this paper emphasizes the importance of industrial policies to support OFDI and the developmental dimension of these policies. The authors believe that the theoretical framework developed here can be extended to further analysis of OFDI policies from other emerging economies. Policymakers may also benefit from the conclusions of this research.
Critical Perspectives on International Business – Emerald Publishing
Published: Sep 30, 2014
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.