Increased capital flows in the form of foreign direct investment (FDI) and the growing relevance of multinational corporations are two characteristics of the most recent wave of globalization. This volume extensively discusses how these phenomena are interrelated, what determines FDI flows and...

Intro -- Contents -- Preface -- Chapter 1 Introduction and Overview -- Chapter 2 The Impact of Inward FDI on Host Countries: Why Such Different Answers? -- Chapter 3 Disentangling FDI Spillover Effects: What Do Firm Perceptions Tell Us? -- Chapter 4 Foreign Direct Investment and Externalities:...