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.
The Agglomeration and Social Networks Research Group (ANET LAB) in Institute of Economics, Centre for Economic and Regional Studies is seeking a Post-Doc researcher, ... Details »
Does politicizing ‘gender’ influence the possibility of conducting academic research? Evidence from a randomized controlled trial by Tünde LÉNÁRD, Daniel HORN and Hubert János ... Details »
“PARENTAL JOB LOSS, SECONDARY SCHOOL COMPLETION AND HOME ENVIRONMENT” by Tamás HAJDU, Gábor KERTESI and Gábor KÉZDI was published in Acta Oeconomica. Abstract This ... Details »
