OECD Reviews of Foreign Direct Investment
Subtitle: Brazil 1998
By: Organisation for Economic Co-operation and Development
Series: OECD Reviews of Foreign Direct Investment
Publisher: OECD Publishing
Published: 1998
Place of publication: Paris
Language: eng
Format: [electronic resource] /
Number of pages: 84
ISBN-13: 9789264163140
Subjects: Finance and Investment
Description: OECD's 1998 review of Brazils foreign direct investment policy.  It finds that Brazil is on the verge of becoming one of the leading recipients of foreign direct investment (FDI) in Latin America and the world. Major economic reforms and large scale privatisations have enhanced Brazil's attractiveness as the largest Latin American market and as a key player in Mercosur. This trend should pick up speed in the coming years with further liberalisation, the restructuring of the Brazilian economy and the pursuance of economic integration. There is every reason to commend the policies adopted by the Government of Brazil to eliminate discriminatory treatment towards foreign investors and their investments, protect their tangible and intangible assets and provide for the resolution of investment disputes. The study highlights, however, some lingering areas of concern, notably with respect to access to the banking system, goverment discretionary action and existing market distortions. The adherence to OECD liberalisation principles should nevertheless consolidate and confort the reform process in Brazil while providing a favorable framework for the expansion of FDI relations between Brazil and OECD countries.
Table of contents: title: Summary and Conclusions; title: Chapter 1. Direct Investment in the Brazilian Economy; title: Chapter 2. Regulatory Framework for FDI; title: Chapter 3. Sectoral Measures; title: Chapter 4. Privatisation, Monopolies, and Concessions; title: Chapter 5. Investment Protection and Double Taxation; title: Annex 1. Brazil's Exceptions Notified in Pursuance of the National Treatment Instrument; title: Annex 2. Brazil's List of Measures Reported for Transparency Purposes; title: Annex 3. Monopolies and Concessions; title: Annex 4. The OECD Declaration and Decisions on International Investment and Multinational Enterprises; title: Annex 5. The OECD Convention on Combatting Bribery of Foreign Public Officials in International Business Transactions; title: Annex 6. Statistics on Direct Investment Flows in OECD Countries and Brazil