PUBLIC POLICIES AND FOREIGN DIRECT INVESTMENT IN BRAZIL

Abstract

Purpose of the study: To analyze the effects of the public policies carried out by the Brazilian government on the attraction of foreign direct investment.

Methodology/approach: Exploratory and quantitative study uses of multiple linear regression models.

Originality / Relevance: In this study we show the political-economics influences on foreign investment strategies, pointing out which policies have affected the attraction of FDI in Brazil.

Main Results: The results show that the Plano Real, COPOM and PAC were the most successful public policies on attracting foreign direct investment in the period of the study.

Theoretical / methodological contributions: Public policies influence foreign investment in Brazil. Specifically, the study shows that policies aimed at economic and institutional stability are the most important factors for attracting FDI.

Keywords: Institutions. Brazilian Public Policy. FDI