In recent decades, studies that have become classic in geography have highlighted the spatial selectivity of capital as an aspect intensified since the Third Industrial Revolution. This selectivity is manifested through the uneven development of the territories in the contemporary world, a process responsible for deepening the international labour division. It is noteworthy that, even though the circulation of capital occurs with more incredible speed thanks to technological and legal innovations, its destination is increasingly selective, being allocated precisely in spaces where the possibility of reproduction is guaranteed.
FDI is not different, since its inflow has been intensified in the contemporary world by the hatching of neoliberal ideology in the 1980s and 1990s. According to the OECD, Foreign Direct Investment: is a transboundary investment in which an investor resident in an economy establishes an interest lasting and with a significant degree of influence on an enterprise resident in another economy.
In 2021, UNCTAD pointed out that the Latin America region absorbed USD 87.6 billion in foreign direct investments, representing something from 8.8% of the FDI global share. To analyze the FDI distribution in Latin America today and their impacts in region industry is our main objective in this paper. This objective is extremely challenging since the region presents territories with different production levels conditions that productive forces and the diversity of economic scenarios produce different degrees of FDI attraction: While countries like Mexico and Mexico attracted over USD 10 billion in 2020, countries like Bolivia, Suriname, Haiti and Cuba attracted less than USD 0.1 billion.
Where are these investments coming from? To what extent do they impact the infrastructures and industries of the region? Are they worthy to overcome the idle capacities of Latin American territories?
Mots clés : FDI|industry|infrastructure|idle capacities|Latin America
A105109KL