To a growing extent, since the early 1970s “new forms” of foreign investment have developed which constitute a departure from full ownership of the capital by the foreign investor and the practice of “packaged” management services. What view is to be taken of these new forms of...

Many observations made in recent years suggest that even the developing countries which were previously known to have a sceptical approach to direct foreign investment have begun to take a fresh look at the situation. Undoubtedly, experiences with domestic state-owned enterprises and general...

The effects of direct investments and multinational corporations remain a highly contentious issue. The author traces here the reasons for the large number of diverging statements and comments on this issue and considers what political conclusions should be drawn from this wide variety of views.

From its beginnings on the DEG (German Development Company) has always been working with two aims in mind. Development policy provided one and the external economic relations of the Federal Republic of Germany the other. It is contributing to economic development by supporting investments by...

During the course of 1980 West German enterprises and private persons were responsible for approximately DM 8.16 bn in foreign investments. The sum total of German foreign investments has now reached a level of DM 74.2 bn. Both these figures indicate the increasing internationalisation of the...

In INTERECONOMICS No. 4, 1979, Peter Richter suggested that interest payments, royalties and profit retransfers from developing to industrialised countries have already reached such an amazing dimension that the former would in reality have to be regarded as capital exporters rather than...

"Fifteen years hence not Europe will be the third industrial power in the world, after the United States and the USSR, but American industry in Europe" Servan-Schreiber wrote 1967 in his "The American Challenge". Now those fifteen years are past. What has happened really?

The investments of residents of the Federal Republic of Germany in economic areas abroad and of non-residents in the economic area of the Federal Republic are the subject of the following article. Their development over the last fifteen years is analysed in regard to their geographical location...