Foreign Direct Investment in the World Economy

Edward Graham

No 1995/059, IMF Working Papers from International Monetary Fund

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.

Keywords: WP; FDI flow; host nation; FDI surge; outward FDI; parent firm; competitor firm; investor firm; Foreign direct investment; Transnational corporations; Capital formation; Global; Europe; North America (search for similar items in EconPapers)
Pages: 36
Date: 1995-06-01
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Citations: View citations in EconPapers (26)

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