Abstract
ABSTRACT This study analyzes the influence of the international trade pattern of Transnational Corporations (TNCs) on the international insertion of Brazilian manufacturing industry between 1995 and 2005, based on data of the Census of Foreign Capitals of the Central Bank of Brazil. The work aims to investigate to what extent increased international insertion of TNCs in national economies has contributed to the evolution of Brazilian manufactures in terms of international trade. It has been concluded that the significant participation of TNCs in Brazilian foreign trade reveals that the international insertion of the country's industrial output presents an increasing dependency on strategic decisions of TNCs.
Highlights
Census of Foreign Capital, necessary for the development of the research, as well as to the two anonymous reviewers who have contributed to the improvement of the work
In the case of the Brazilian economy, structural and institutional changes promoted in the 1990s produced a widening and deepening of the relationship with transnational corporations (TNCs), which had been key agents of import substitution industrialization (ISI) in the earlier decades
Such process is related to a growing denationalization of national economy (Laplane et al.., 2000), which resulted in a grow dependence on imported technology (Arbix and Mendonça, 2005)
Summary
Resumo: Este estudo analisa a influência do padrão de comércio internacional das Empresas Transnacionais (ETNs) sobre a inserção internacional da indústria de transformação brasileira entre 1995 e 2005, com base em dados do Censo de Capitais Estrangeiros do Banco Central do Brasil. This article analyzes the main trends of the international insertion of the Brazilian economy between 1995 and 2005 – a period featured by productive restructuring of the national industry, in what concerns the foreign trade performance of manufacturing TNCs – regarding foreign capital companies in general and in specific those with a majority foreign shareholding companies In this sense, this study has conducted an examination of intra-firm trade patterns and their propensities to import and export, aggregated by technological intensity of production, relying on the data of the Census of Foreign Capital of the Central Bank of Brazil (BCB) for 1995, 2000 and 2005. It shall be noted that the growth of the participation of FCC, between 1995 and 2005 (Table 1), in relation to both Brazilian imports and exports, was largely associated to the growth of intra-firm trade, between subsidiaries and/or affiliates
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
