The effects of globalization on economy and society are highly contested subjects in academic and political arenas. This study brings an empirical perspective to the crucially important arguments that encapsulate the major debates in this area. Using quantitative data, this book addresses the...

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:...

During the past twenty or so years, foreign direct investment (FDI) flows have increased at rates approaching the astounding, especially so during the 1990s. While much of the increase was due to unprecedented cross-border mergers and acquisitions among high-income countries, the amount of FDI...