This paper describes long-term trends in international production, i.e. the production of goods and services that is under the governance of transnational corporations - either through foreign direct investment (FDI) or non-equity arrangements. It recounts the rapid growth in international...

This paper describes long-term trends in international production, i.e. the production of goods and services that is under the governance of transnational corporations - either through foreign direct investment (FDI) or non-equity arrangements. It recounts the rapid growth in international...

Accomplishing a goal widely shared by emerging economies but achieved by few, East European countries attracted large amounts of FDI, especially export-oriented FDI, easing their transition from communist into market economies. This Perspective highlights key factors behind the EU11's success...

Countries offer hundreds of billions of dollars for semiconductor, electric vehicles and renewable energy projects, super-charging a global FDI incentives race. This Perspective suggests that countries providing incentives should do that in a manner that results in wider benefits for the host...