This article provides a concise summary of the new report "La explosión de la inversión exterior Latinoamericana: tendencias y evolución reciente de las multilatinas" from the Latin American Program.
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It is in this context that we have seen the birth, development, and foreign expansion of a large group of Latin American multinationals, known as “trans-Latins” or “multilatinas.”
The multilatina phenomenon comprises the growing number of companies—both public and private—that gradually began to invest abroad in the 1990s, and even earlier, but surged forward with a huge wave of investment starting in 2000. In the 2000-2005 period, average annual investment doubled over the previous five-year period, reaching levels of foreign investment outflows from Latin America that had never been seen before.
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To read the full summary, click here.
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