This paper provides an initial qualitative assessment of the impact of China’s Outward Foreign Direct Investment on local workers and firms in Cambodia and Vietnam. Based on interviews with 60 Chinese investors plus further interviews with other foreign investors and domestically owned firms...

This paper argues that foreign direct investment in economies with credit market imperfections may increase their vulnerability to capital flow shocks. Due to better access to financial markets foreign firms can use other wage contracts than domestic ones. This alters the domestic wage...

Ausländische Direktinvestitionen (Foreign Direct Investment – FDI) stellen eine immer wichtiger werdende Quelle der externen Finanzierung für Entwicklungsländer dar. Die Debatte um Entwicklungseffekte von FDI wird jedoch seit mehreren Jahrzehnten mit oft widersprüchlichen Ergebnissen...

Regional integration is often considered a means to improve member countries’ attractiveness to foreign direct investment (FDI). But regional integration agreements (RIAs) as well as FDI are too diverse to allow for generalized verdicts. Our case studies on Mercosur in Latin America, ASEAN and...

This paper argues that foreign direct investment in economies with credit market imperfections may increase their vulnerability to capital flow shocks. Due to better access to financial markets foreign firms can use other wage contracts than domestic ones. This alters the domestic wage...

The COVID-19 pandemic has revealed vulnerabilities and fragilities in global value chains. The worldwide economic lockdowns to contain COVID-19 have led in some industries to unilateral cancellations and suspensions of orders from overseas suppliers by transnational corporations (TNCs). These...