FDI and the Multinational Corporation:
New Theories and
Evidence
Training and Mobility of
Researchers Network
Summary
Foreign Direct Investment (FDI) has become an increasingly important factor in the global economy, but much less research has been undertaken on the causes, consequences, and policy implications of FDI than on international trade. This network has redressed the balance through a programme of research and training, bringing together eight leading institutions from seven EU countries.
It has extended the analysis of multinational corporations (MNCs), examined the economic impact of MNCs and FDI on the home and the host countries, and explored both national and international policy implications. The starting point has been research on the determinants of multinational activity at the level of the firm, and on the relationship between foreign trade and multinational activity. On the basis of this, the network has explored the implications of FDI for both the home and the host economy, and analysed policy towards FDI. The research has employed theoretical techniques, econometric analysis and case study methods.
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Summary