During the past twenty or so years, foreign direct investment (FDI) flows have increased at rates approaching the astounding, especially so during the 1990s. While much of the increase was due to unprecedented cross-border mergers and acquisitions among high-income countries, the amount of FDI...

The share of US output held by foreign-controlled firms tripled during the 1980s, but the growth of foreign direct investment in the United States fell sharply after 1990. Graham and Krugman provided the first analysis of the growth of this investment, and its economic and national security...

What is the impact of foreign direct investment (FDI) on development? The answer is important for the lives of millions--if not billions--of workers, families, and communities in the developing world. The answer is crucial for policymakers in developing and developed countries, and in...

There is inherent tension between the increasingly global focus of industry and the continuing national focus of governments. Countries, particularly developing ones, compete to attract investment from global corporations, and they attach performance requirements to tilt the impact of those...