The rise of nationalism, FDI, and the multinational enterprise
Stephen Kobrin
No 212, Columbia FDI Perspectives from Columbia University, Columbia Center on Sustainable Investment (CCSI)
Abstract:
The populist reaction renders interest groups politics a less important determinant of economic policy than ideologically driven nationalism. Risk to MNEs and FDI will increase as policy becomes less predictable and "rational" arguments have less traction. Investors and corporations must address legitimate grievances and take nationalism into account in decision-making.
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:colfdi:212
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