The purpose of this paper is to compare two recent periods of Brazilian history - the decades of 1970 and 1990 - when foreign direct investments grew above the average of the second half of the XX century. More specifically, it tries to answer two questions. First, which have been the...

Basically, foreign direct investments (FDI) determinants may be referred to firms and country characteristics - push factors - or to locational factors - pull factors. Most of theoretical literature relative to multinational enterprises in the last forty years, has emphasized firms advantages,...