Brakman, Steven (ed.); Garretsen, Harry (ed.) - CESifo GmbH - 2008
The multinational firm and its main vehicle, foreign direct investment, are key forces in economic globalization. Their … importance to the world economy can be seen in the fact that since 1990 foreign direct investment has grown more rapidly than the … world GDP and world trade. Despite this, the causes and consequences of multinational firm activity are little understood …