Romero, Alfredo A.; Edwards, Jeffrey A. - In: International Journal of Social Economics 47 (2020) 8, pp. 1003-1022
Purpose: Injections of foreign direct investment (FDI) are often followed by injections of foreign culture which may not be well received among the local population. If this is the case, culture may impede any positive externalities from FDI. On the other hand, if the people of the host country...