1st Edition

Foreign Direct Investment and the World Economy

By Ashoka Mody Copyright 2007
272 Pages 30 B/W Illustrations
by Routledge

272 Pages 30 B/W Illustrations
by Routledge

272 Pages 30 B/W Illustrations
by Routledge

Asking the question of whether Foreign Direct Investment (FDI) is 'integrating' the world economy, this comprehensive volume consists of an overview of current FDI research. While the term 'integrating' is often used, the real test should be whether FDI is instrumental in bringing per capita incomes across countries closer together. By this yardstick, the answer is no. The forces... Read more

1. Is FDI Integrating the World Economy?  2. International Investment Location Decisions: the Case of U.S. Firms  3. U.S. and Japanese Investors: Do the March to the Same Tune?  4. Private Information for Foreign Investment in Emerging Economies  5. The Global Disconnect: The Role of Transactional Distance and Scale Economies in Gravity Models  6. Japanese Multinationals in Asia: Drivers and Attractors  7 Explaining Industrial Growth in Coastal China: Economic Reforms...and What Else?  8. Growing Up with Capital Flows  9. How Foreign Participation and Market Concentration Impact Bank Spreads: Evidence from Latin America  10. The Role of Cross-Border Mergers and Acquisitions in Asian Restructuring

 

Biography

Ashoka Mody is Assistant Director at the European Department, International Monetary Fund.