Funke, Norbert; Nunnenkamp, Peter; Schweickert, Rainer - Institut für Weltwirtschaft (IfW) - 1992
the 1980s. The country's rating in secondary loan markets plummeted, and foreign direct investment dwindled. New external … flight, rather than being used for productive investment. Brazil is significantly lagging behind Asian and Latin American … triggered a favourable investment response. Domestic policy reforms are indispensable for regaining access to international …