This paper evaluates the heterogeneous impact of spillovers from multinational corporations (MNCs) to domestic … transmission channel. FDI embedded in global value chains generates larger spillovers to high-growth domestic firms than investment … that seeks to serve the host economy. There is no evidence that natural resource-seeking FDI generates spillovers. The …

. Although many scholars and policy makers have discussed the potential economic and political ramifications of the proposal from … a normative perspective, few have analyzed positively the conditions under which such a policy may emerge as a … politically rational choice. This policy research paper fills that gap by modeling the decision of political leaders to allocate …

jobs created by FDI are good jobs, both from the worker's and the country's perspective. From the worker's perspective … affiliates are good jobs because FDI inflows tend to increase the aggregate productivity of the host country …

liberalizing policy constraints in both trade and foreign investment, keeping corporate tax rates modest, and improving governance …

, and in countries with weak policy performance, and defaults are not strongly persistent over time. In contrast …, expropriations are not systematically related to the level of foreign direct investment, to growth, or to policy performance …

The last two decades have witnessed a sharp increase in foreign direct investment (FDI) flows and increased competition … among developing countries to attract FDI, resulting in higher investment incentives offered by host governments and removal …? Second, are FDI inflows in developing countries sensitive to fiscal incentives and is there empirical evidence of strategic …