Globalization and Foreign Direct Investment

Aristidis Bitzenis

Chapter Chapter 2 in Mergers and Acquisitions as the Pillar of Foreign Direct Investment, 2012, pp 9-24 from Palgrave Macmillan

Abstract: Abstract Globalization is a term used to express the tendency for the world economy to integrate, not only with respect to markets, finance, technology, and cross-countries’ trade and investments, but also with regard to the harmonization of laws and regulations of everyday activity (political, economic, social, cultural, and ideological). The core of the concept of globalization is that the world displays a strong tendency to become one entity. To be more specific, the term globalization describes the increase in international trade and financial flows that has taken place since 1960, but even more so in the post-1980 period.

Keywords: European Union; Foreign Direct Investment; Gross Domestic Product; North American Free Trade Agreement; Foreign Direct Investment Inflow (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-03155-6_2

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DOI: 10.1057/9781137031556_2

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