THE RELATIONSHIP BETWEEN CORRUPTION AND FOREIGN INVESTMENTS IN BRAZIL: SOME RESPONSES AGAINST CORRUPTION
Abstract
Mobilizing investment and ensuring that it contributes to sustainable development should be one of the priority targets for all countries. The financial-economic market growth is one of the key features of contemporary society, where social, political, and economic activities easily acquire worldwide dimension. Investment Law focuses various aspects of such drives, among other rule of law in different jurisdictions which faces recent developments, as well as multilateral agreements and the soft law that serves as a background for legal transplants and innovation. The analysis made by investors includes risk evaluation. Among other jurisdictions, Latin America and specially Brazil may be included among the hot spots for investments. Between other topics, corruption rating and scandals are scrutinized by investors, showing a widespread example of the dynamic and speed of worldwide negative impact of such events. As a result, fighting corruption has become a policy priority for countries over the past two decades and extensive reform efforts have been launched. Corruption undermines policies and programs that aim to reduce poverty; therefore attacking corruption is critical to achieving poverty reduction, and attracting investments. This article aims to discuss the characteristics of a foreign and international investment and underlines some aspects of corruption; worldwide responses against corruption are also reported, taking into account the fact that the world is globalized and interdependent; An overview of anti-corruption efforts in Brazil is provided.Downloads
Pubblicato
2013-05-30
Come citare
Ribeiro, M. R. de S., & Azevedo, C. A. de. (2013). THE RELATIONSHIP BETWEEN CORRUPTION AND FOREIGN INVESTMENTS IN BRAZIL: SOME RESPONSES AGAINST CORRUPTION. PANORAMA OF BRAZILIAN LAW, 1(1), 39–72. Recuperato da https://www.e-publicacoes.uerj.br/pbl/article/view/34358
Fascicolo
Sezione
Articles
Licenza
Panorama of Brazilian Law employs Open Journal Access policies.
Authors are fully and exclusively responsible for their submissions.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License that allows others to share the work on a non-comercial basis with an acknowledgement of the work's authorship and initial publication in this journal and indicating if any changes were made. If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.