Brazilian-American Capital and Investment Exchange Analysis slide image

Brazilian-American Capital and Investment Exchange Analysis

16 AMERICAN DIRECT INVESTMENT IN BRAZIL I. TOTAL ASSETS Brazil accounts for 53% of total USA assets in South America. Between 2009 and 2012, the total value of assets held by companies headquartered in Brazil controlled by American capital rose by 37%, from US$206.6 billion to US$283 billion. By the end of this period, Brazil accounted for 53% and 8% of U.S. assets in South America, and in Latin America and the Caribbean, respectively. With regard to the United States' global assets, Brazil's share increased from 1.1% to 1.3%. Within Latin America and the Caribbean, Brazil is now only behind the group of British territories in the Caribbean (especially the Cayman Islands), which account for 28% of the total, and Mexico, which accounts for 11%. In 2012, assets majority-owned by American companies generated around 600,000 jobs in Brazil. This represented 57% and 25% of the jobs originating from U.S. assets in South America and in Latin America and the Caribbean, respectively. Across Latin America and the Caribbean, Brazil was in second place in terms of jobs generated by U.S. assets, behind only Mexico, where 1.1 million jobs are linked to these assets. While the number of jobs derived from American assets in Brazil grew by 14.6% between 2009 and 2012, the corresponding figures were 4.8% in the rest of South America and 9.3% in the rest of Latin America and the Caribbean. A comparison with the economies that most rival Brazil with regard to U.S. assets shows that the number of jobs linked to American capital in Mexico increased by 14.2%, while such jobs in Chile grew by 12.5% to 128,000 in 2012. In the whole world except Brazil, the number of jobs related to these assets expanded by an average of 12.1%. Therefore, one may conclude that jobs generated by U.S. assets have grown faster in Brazil than in other parts of the region and the rest of the world. In 2012, assets majority-owned by American companies generated around 600,000 jobs in Brazil. 8 The process of integration between the United States and Mexico through the North American Free Trade Agreement (NAFTA) explains the discrepancy between Mexico and Brazil, especially the growing presence of U.S. companies in its southern neighbor through productive FDI, and also through mergers and acquisitions. No. of jobs US$ million Change in U.S. Assets in Brazil 300,000 283,081 100% 267,711 241,572 250,000 206,617 200,000 90% 80% 70% 60% 150,000 50% 51% 52% 54% 53% 40% 100,000 30% 50,000 20% 6% 7% 7% 8% 10% 0 2009 2010 2011 Total of US Assets in Brazil 0% 2012 US Share in South American Assets in Brazil US Share In Latin American and Caribean in Brazil Source: Bureau of Economic Analysis Change in Jobs Generated by U.S. Assets in Brazil 700,000 100% 598,500 600,000 565,000 572,600 90% 522,400 80% 500,000 70% 400,000 60% 55% 57% 56% 57% 50% 300,000 40% 200,000 30% 24% 25% 25% 20% 25% 100,000 10% 0 2009 0% 2010 2011 2012 Total Jobs per US Assets in Brazil US Share in Jobs per South American Assets in Brazil US Share in Jobs per Latin American and Caribean Assets in Brazil Source: Bureau of Economic Analysis Share 17 Share
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