Globalization and Outward Foreign Direct Investment – paper by Imre FERTŐ and Stefan BOJNEC in Emerging Markets Finance and Trade.
While recent research into foreign direct investment (FDI) has focused on examining the importance of institutions, corruption, money laundering, and tax havens, the role of globalization on FDI has not yet been explored. This research investigates the impacts of globalization on outward FDI. We find that both overall globalization and its economic and social dimensions significantly positively influence outward FDI flows. We also demonstrate that beyond the level of globalization, corruption, money laundering, and the status of a country as a tax haven, cross-country similarity also plays an important role. Accordingly, policies specifically designed to increase the transparency of outward FDI flows should be required to address money laundering and the existence of tax havens.
Imre FERTŐ: “The duration of the EU agri-food trade” and Zoltán BAKUCS: “Agglomeration and Spillover Effects of Regional Development Programs” were presented by our collegues at the Agricultural ... Details »
“Vulnerable groups on the labour market – determinants and consequences of economic vulnerability across Europe” was presented by Judit KÁLMÁN at the InGRID-2 Spring ... Details »
“STI policies and framework conditions for innovation” was presented by Attila HAVAS at the CNAM “Actualité de Jean-Jacques Salomon” workshop in Paris. Share this:FacebookLinkedInTwitterGoogle
