Foreign Direct Investment in the World Economy

Edward Monty Graham

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International Business and FDI Global trade and economics Global Financial Crisis and Policies

Abstract

The role of foreign direct investment (FDI) in international capital flows is examined. Theories of the determinants of FDI are surveyed, and the economic consequences of FDI for both host (recipient) and home (investor) nations are examined in light of empirical studies. Policy issues surrounding possible negotiation of a “multilateral agreement on investment” are discussed.

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1937The Nature of the Firm 1990The Competitive Advantage of Nations 1966International Investment and International Trade in the Product Cycle 1976The Future of the Multinational Enterprise 1992Innovation and growth in the global economy 1990Technological Innovation and Multinational Corporations.1993Multinational enterprises and the global economy 1981Foreign Production and Exports in Manufacturing Industries

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