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.
We are pleased to open the application for the 4th annual workshop: „Field experiments in education and labor market research.” The workshop provides ... Details »
The Hungarian Labour Market Yearbook presents characteristics of the Hungarian labour market and employment policy, and provides an in-depth analysis of a topical issue ... Details »