Constructing Economic Nationalisms in Brazil and India - 9781009393614

Name: Constructing Economic Nationalisms in Brazil and India - 9781009393614
Brand: Cambridge University Press

Cambridge University Press

Constructing Economic Nationalisms in Brazil and IndiaAuthor(s): Jason Jackson\nFormat: Paperback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9781009393614, 978-1009393614\nSynopsis\nWhile the concept of economic nationalism is frequently deployed it is often poorly defined, posited as the cause of protectionism in some cases while providing a rationale for liberalization in others. This Element provides a more rigorous articulation by analyzing variation in foreign investment regulation in postwar Brazil and India. Conventional approaches cite India's leftist socialism and Brazil's right-wing authoritarianism to explain why India resisted foreign direct investment (FDI) while Brazil welcomed foreign firms. However, this ignores puzzling industry-level variation: India restricted FDI in auto manufacturing but allowed multinationals in oil, while Brazil welcomed foreign auto companies but prohibited FDI in oil. This variation i.