Open AccessForeign Direct Investment and Multinationals in Brazil (1860-1913)
Author(s) -
Naijla A. El Alam,
Armando João Dalla-Costa
Publication year - 2022
Publication title -
américa latina en la historia económica(en línea)/america latina en la historía económica
Language(s) - English
Resource type - Journals
eISSN - 2007-3496
pISSN - 1405-2253
DOI - 10.18232/20073496.1208
Subject(s) - foreign direct investment , industrialisation , empire , investment (military) , work (physics) , period (music) , economy , international trade , business , political science , economics , market economy , engineering , politics , art , mechanical engineering , law , aesthetics
Foreign direct investment (FDI) in Brazil, started in the 19th century, a transition period between the Empire and the beginning of the Republic (1860-1913), when fdi theories had not yet been formulated. The British were the main investors worldwide, also in Brazil, responsible for developing essential sectors. In addition to the Europeans, the Americans also saw opportunities in the country, contributing later to the industries’ installation. To better understand foreign investments in Brazil, as well as the installation of multinationals in the transition from the Empire to the Republic, we highlight the foreign investment process and the country’s industrialization. The main contribution of this work is research pointing out the historical landmark of foreign investment in Brazil in the analyzed period, allowing to understand the country’s urban and social development.