Selective review of foreign direct investment theories

Date

2014-03

Journal Title

Journal ISSN

Volume Title

Publisher

ARTNeT, United Nations ESCAP

Abstract

Because the majority of Foreign Direct Investment (FDI) theories are based in a context of First World multinationals, the growth phenomenon of Third World multinational companies requires its own explanation. No single theory fits all types of direct investment or the investment made by a particular multinational corporation or country in any region. The applicability of the theory differs with the type and origin of investment. Nevertheless, these theories are unanimous in the view that a firm moves abroad to reap advantages in the form of location, firm-specific or internationalization of markets.

Description

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Keywords

ECONOMIC THEORY, FOREIGN INVESTMENT, MULTI-NATIONAL ENTERPRISE, LITERATURE SURVEYS, INTERNATIONAL FINANCE, INTERNATIONAL INVESTMENT, TRADE FACILITATION, CAPITAL MOVEMENTS, TRADE AGREEMENTS, ECONOMIC MODELS

Citation

DOI