Despite the challenges regarding conceptualization and operationalization –or precisely, as a way to contribute to better understanding cultural industries in a “developing” economy and to refine the extent to which this definition fits with actual data in this economic sector-, this proposal aims to characterize the FDI inflows into media and communication sector in Chile and the imports of cultural services and goods, especially audiovisual ones.
The research will also look at the regulatory frame of both FDI and imports in this issue, such as tariffs, quotas, or nontariff barriers. This is especially crucial for this type of services and goods: Quotas are one of the most widely applied domestic …show more content…
FDI in transports and communications represents a 5.1 percent of the whole FDI inflow. We will distinguish between Transport and Communication and considering the latter, the specific sector and projects. We will also identify the trend on it since 1990. Having that, it would be possible to weight the relative impact of FDI inflow in media and communication subsector in the Chilean economy as a whole. We will also consider the country of origin and identify the observable changes during the period. Particularly, we will focus on the FDI inflows coded under the Decreto Ley No. 600, that is, the current regulation of foreign investment in the …show more content…
That is, the anti-cartel regulation provides not only the legal frame that organizes free market, but also provides a paper trail that allows access to specific cases, but also, through them, a way to trace each industry in particular, their main players, and the likes. Actually, the free competition court has already pronounced on high-profile cases of foreign direct investment in media and culture.
Regarding trading in services in cultural goods, we will revise the data available by sector, by product, held by the central bank of the country. As the main focus is broadcasting, we will also look at the year corporate accounts of each broadcaster in order to identify eventual changes in shareholders (for instance, FDI in the corporation in a given day), as well as their international purchases (foreign programming that could fit into the category of trade on cultural services).
We will review the cultural statistics on cultural goods and services developed by the Chilean Institute of Statistics. Despite this body of data is somehow problematic due to its changing methodology during the period covered by the study, we will explore the extent these commodities are evolved in cultural production, practices, and circulation in