Cross-border mergers and acquisitions - a cause for growing economic nationalism?
Rasto Ovin () and
Anita Maèek
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Rasto Ovin: University of Maribor, Faculty of Economics and Business
No 9602, Working Papers from University of Maribor, Faculty of Economics and Business
Abstract:
Foreign direct investment (FDI) has been playing an increasingly important role in the world economy. Most countries have used inward FDI to import much needed technology as well as organizational and managerial skills, to upgrade quality and productivity and to gain an improved access to world markets. The paper discusses the effects of cross-border mergers and acquisitions (C-B M&A), which today represent approximately 75% of FDI on the global scale (40% in developing) and transition countries). Because of their impact on economic structure in receiving countries, it is not surprising that they often become not only an economic but also a public and political issue. Based on empirical analysis of international interested public view, the paper explores the environment which has recently been subject to discussion on economic nationalism.
Keywords: foreign direct investment; mergers; aquisitions (search for similar items in EconPapers)
JEL-codes: F21 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2006-04, Revised 2006-07
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http://old.epf.uni-mb.si/mrb/RePEc/mrb/wpapers/9602.pdf Revised version, 2006 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:mrb:wpaper:9602
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