Foreign direct investment (FDI), the movement of long-term capital, has been increasingly important in the world economy since the early 1970s. Its growth rate outpaces that of trade in goods and gross national product (GNP) during the same period. Prior literature mostly focuses on either the causes (determinants) of FDI...
International production – the production of goods and
services in countries that is controlled and managed by
firms headquartered in other countries – is largely driven
by foreign direct investment (FDI) flows. Over 500,000
foreign affiliates established by 60,000 parent companies
throughout the world employed about 35 million people
in...
