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We construct measures of net private and public capital flows for a large cross-section of developing countries considering both creditor and debtor side of the international debt transactions. Using these measures, we demonstrate that sovereign-to-sovereign transactions account for upstream...
Persistent link: https://www.econbiz.de/10014042727
The explosion of multinational activities in recent decades is rapidly transforming the global landscape of industrial production. But are the emerging clusters of multinational production the rule or the exception? What drives the offshore agglomeration of multinational firms in comparison to...
Persistent link: https://www.econbiz.de/10013070459
geographic patterns of foreign direct investment (FDI). This chapter reviews existing theories and evidence specifically … addressing questions including: How is FDI distributed across space? Why does the law of gravity apply? How do the costs of … FDI and present the key empirical studies and findings …
Persistent link: https://www.econbiz.de/10012965916
emphasis on the role of foreign direct investment (FDI) in determining micro economic performance. Using a new worldwide … multinationals around the world responded to the crisis relative to local firms. We explore three distinct channels through which FDI … is considerable heterogeneity in the role of FDI. First, multinationals located in countries that experienced sharper …
Persistent link: https://www.econbiz.de/10013142300