Foreign Direct Investment and the World Economy

Business & Finance, Finance & Investing, Investments & Securities, Economics
Cover of the book Foreign Direct Investment and the World Economy by Ashoka Mody, Taylor and Francis
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Author: Ashoka Mody ISBN: 9781135990794
Publisher: Taylor and Francis Publication: January 24, 2007
Imprint: Routledge Language: English
Author: Ashoka Mody
ISBN: 9781135990794
Publisher: Taylor and Francis
Publication: January 24, 2007
Imprint: Routledge
Language: English

Asking the question of whether Foreign Direct Investment (FDI) is 'integrating' the world economy, this comprehensive volume consists of an overview of current FDI research.

While the term 'integrating' is often used, the real test should be whether FDI is instrumental in bringing per capita incomes across countries closer together. By this yardstick, the answer is no. The forces driving FDI are strong; they lead it to flow to countries with attractive investment conditions and, moreover, investors have a tendency to follow each other. It is in such settings that FDI appears to have the most beneficial effect in raising growth.

Written by an authority in this area, Ashoka Mody, this book will greatly appeal to all international and development economists.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Asking the question of whether Foreign Direct Investment (FDI) is 'integrating' the world economy, this comprehensive volume consists of an overview of current FDI research.

While the term 'integrating' is often used, the real test should be whether FDI is instrumental in bringing per capita incomes across countries closer together. By this yardstick, the answer is no. The forces driving FDI are strong; they lead it to flow to countries with attractive investment conditions and, moreover, investors have a tendency to follow each other. It is in such settings that FDI appears to have the most beneficial effect in raising growth.

Written by an authority in this area, Ashoka Mody, this book will greatly appeal to all international and development economists.

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