Ramrattan, Lall; Szenberg, Michael - In: Journal of Developing Areas 48 (2014) 1, pp. 165-175
Foreign Direct Investment (FDI) has been spreading across the globe. It evolved from a trickle in history to what appears as a spectacle in the modern world. No model is yet available, beyond common sense to account for its centrality in the global process. We can now chart a generalization...