Possible Effects of Economic Public Policies Implemented in Brazil after the Financial Crisis of 2008 on Foreign Direct Investment

Maurício Loboda Fronzaglia, Álvaro Alves de Moura Júnior, Joaquim Carlos Racy, Pedro Raffy Vartanian
2019 Theoretical Economics Letters  
The objective of this article is to evaluate the effects of public economic policies, implemented in response to the economic crisis of 2008, on the flows of foreign direct investment in Brazil. It demonstrates, through the political sociology of public action, that the crisis generated a change in the references of Brazilian economic policies: from the policies of the so-called "macroeconomic tripod" to policies of the new economic matrix. The implementation of this change is expressed in
more » ... ple government actions, including the use of the National Bank for Economic and Social Development, to stimulate the internationalization of Brazilian companies. It seeks to identify the possible effects of public action through data on the evolution of direct foreign investment and the use of the Grubel-Lloyd index.
doi:10.4236/tel.2019.98176 fatcat:itlywpc3mzberjjn5bgzbw3ypu