Bibliographic Information

Multinationals and foreign investment in economic development

edited by Edward M. Graham

(International Economic Association conference volume, no. 141)

Palgrave Macmillan in association with International Economic Association, 2005

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Note

"Selected from papers presented at the Thirteenth Congress of the International Economic Association, held in Lisbon, Portugal in September 2002" -- p. 1

Includes bibliographical references

Description and Table of Contents

Description

During the past twenty or so years, foreign direct investment (FDI) flows have increased at rates approaching the astounding, especially so during the 1990s. While much of the increase was due to unprecedented cross-border mergers and acquisitions among high-income countries, the amount of FDI flowing to developing nations also grew substantially. This volume examines the economics of this FDI to developing countries. Some chapters are theoretical in nature, others empirical, and still others are largely policy-oriented. Topics covered include whether FDI makes an autonomous contribution to growth in these nations and whether or not 'spillovers' are generated by this investments. Also covered are effects of policy intervention by governments on FDI flows and whether non-economic factors (e.g. cultural factors) might figure as determinants of location of FDI.

Table of Contents

  • Introduction. Foreign Direct Investment in Developing Countries: Where Do We Now Stand?
  • E.M.Graham On Intra-Firm Trade and Multinationals: Offshoring and Foreign Outsourcing in Manufacturing
  • A.D.Bardhan & D.Jaffee Foreign Direct Investment, Externalities and Economic Growth in Developing Countries: Some Empirical Explorations
  • N.Kumar & J.K.Pradhan Technical Spillovers and Export-Platform FDI
  • K.Bjorvatn & C.Eckel Foreign Direct Investment in South Asia: Impact on Growth and Local Investment
  • P.Agrawal The Internationalization of Korean Firms: Strategic Interaction and Tariff-Jumping When Quality Matters
  • B.Coestier & S.Perrin Foreign Direct Investment, Trade and Integration in Mercosur
  • M.Castilho & S.Zignago The Effect of Exchange-Rate Uncertainty on Foreign Direct Investment in the United Kingdom
  • M.Iannizzotto & N.J.Miller The Role of Foreign Direct Investment and Natural Resources in Economic Development
  • J.de Gregorio Multinationals and Foreign Direct Investment in India and China
  • S.Gupta Portuguese Investment in Brazil: The Challenges of an Iberian Logic
  • C.Guedes and M.G.Olivares

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