Foreign Direct Investment and the Regional Economy
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Overview
"This book has two aims: to review the literature on the nature of foreign direct investment, FDI, and to report recent results on the performance of FDI plants in order to show the implications for regional economic development." The book is important because it concerns the 'boom' in FDI since the mid-1980s, which continues to be of policy interest. It presents new evidence on the nature and performance of these plants, using a unique dataset that has been constructed and rigorously analysed by applying econometric techniques. The role of FDI in economic development has long been poorly understood, at both regional and national levels, other than beyond broad aggregates, such as total employment. The book contributes to improving this understanding, and is of direct policy relevance.Synopsis
"This book has two aims: to review the literature on the nature of foreign direct investment, FDI, and to report recent results on the performance of FDI plants in order to show the implications for regional economic development." The book is important because it concerns the 'boom' in FDI since the mid-1980s, which continues to be of policy interest. It presents new evidence on the nature and performance of these plants, using a unique dataset that has been constructed and rigorously analysed by applying econometric techniques. The role of FDI in economic development has long been poorly understood, at both regional and national levels, other than beyond broad aggregates, such as total employment. The book contributes to improving this understanding, and is of direct policy relevance.