Exploring Fortune 500 Companies in Brazil
OMG, like private investment in, like, super restricted sectors like electricity, mining, banking, and telecommunications is, like, totally allowed now. And guess what? It's attracting hella foreign investment! (Economist Intelligence Unit, 2010). Foreign investment was like, chill AF during the 90's, even though Mexico and Argentina got wrecked by financial crises that lowkey messed with investment in Latin America. But like, when the whole world got hit by the financial crisis in Asia in '97, there was some sick economic recovery in Latin America. At this time, Brazil and other developing countries were like, totally lit for foreign investors, you know? Latin America was totally slaying it in 1997, like the star of the show among all the developing country regions. The region totally flexed on South, East, and South-East Asia with that FDI per capita. OMG, FDI inflows were lit in 1997; they like totally skyrocketed by 19 percent (World Investment Report, 1998). The worl