Abstract
The investment flows between South Korea en Latin American countries are analyzed within the context of three different trade and development models. According to South Korean industrialization, Korean fdi in the world concentrates in manufacturing, followed by commercial and extractive activities. A similar pattern is found in Korean investment in Latin America. In accordance with the working hypothesis, in Brazil Korean fdi dominates manufacturing, followed by mining, oriented to the domestic market; in Chile and Peru, fdi concentrates in mining, whereas in Panama the majority of investment goes to real state services. In Mexico a great majority of Korean plants participate in exports to the us market, but recently important investment flows have been directed to mining.
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