By Assaf Razin,Efraim Sadka
The Nineteen Nineties observed worldwide flows of overseas direct funding elevate a few sevenfold, spurring economists to discover FDI from a micro- or trade-based viewpoint. Foreign Direct Investment is among the first books to investigate the macroeconomics of FDI, treating FDI as a different type of overseas capital circulation among particular pairs of countries.
via analyzing the determinants of the combination flows of FDI on the bilateral, source-host-country point, Assaf Razin and Efraim Sadka current the 1st systematic worldwide research of the singular positive factors of FDI flows. Drawing on a wealth of clean info, they supply new theoretical types and empirical suggestions that remove darkness from the important country-pair features that force those flows. Uniquely, Foreign Direct Investment examines FDI among constructed and constructing international locations, and never simply among constructed nations. between many different insights, the booklet exhibits that tax pageant vis-à-vis FDI don't need to result in a "race to the bottom." Foreign Direct Investment is an important source for graduate scholars, teachers, and coverage professionals.
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Extra resources for Foreign Direct Investment: Analysis of Aggregate Flows
Foreign Direct Investment: Analysis of Aggregate Flows by Assaf Razin,Efraim Sadka