According to a recently study developed by the United Nations Commission for America and The Caribbean (ECLAC), the most part of the investments in this region are directed to raw-material, services for the domestic market and low-tech industries. After two decades of the liberalization of the FDI, the productive structure still remain characterized by the low creation and diffusion of the knowledge.
But, the study also reported that there are countries that can extract benefits focused on the concept of the aggregated value such as Costa Rica that attracted just US$ 1.32 billion (US$ 343 million in manufacturing industry and US$ 893 million in the services sector) in the last year but directed it to the investments on high-tech industries such as Boston Scientific, Allergan and Hollorgic.
On the other side, there are countries as Brazil that will remain labeled as commodity exporter unless the Central Bank intervene to avoid an excessive Real appreciation followed up by a decreasing interesting rate (The interest rate benchmark is currently at 10.75 percent). The second step it would be a wide change in the national monetary policy to improve the systemic competitiveness of the country (Brazil's corporate Tax for 2010 is 34%) and stimulate the industrial policies that generates a increase in the economic value of the country exports.
Global companies are shifting technological jobs to less developed contries so these countries need to setup strategies to be prepared to meet demand and be able to boost their economy creating more value, improving the educational system and the population's condition.
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