International Direct Investment and Economic Development

Author: Li Dongyang
Publisher:
Publish Date: 2002-08-01
Features: International direct investment refers to an investor from one country using capital for the production and operation in another country while holding certain operational control rights. It is one of the main ways of capital flow. International capital mobility helps to fill or alleviate investment gaps in host countries and also drives the international transfer of other production factors, thereby promoting international trade, technological progress, and improvements in production efficiency, ultimately boosting economic growth in countries. It is estimated that about one-third of the world's total output is created by multinational corporations engaged in international direct investment. This book includes chapters such as Introduction, The Origin of International Direct Investment Theory, International Direct Investment and World Economic Development, Outward Direct Investment and Economic Development of the Investing Country, and Foreign Direct Investment and Economic Development of the Host Country.