Development Stage and International Direct Investment

Author: Yang Xianming
Publisher:
Publish Date: 2000-08-01
Features: This book primarily elaborates on the theoretical background of international direct investment. Building on the integration and refinement of various theories, it employs a unique analytical framework to study the constraints of demand structure and capability structure at different development stages on the growth effect of international direct investment. It highlights the behavioral characteristics of multinational corporations at different stages and their consequences, thereby clarifying the importance of the host country's economic development union in the growth effect of international direct investment. The author proposes sustainable principles for the international model selection of developing countries, suggesting that large developing countries should adopt an international direct investment model that enhances comparative advantages. Additionally, the proposed shift in China's international direct investment model selection from a capital-inflow-centered approach to a comparative advantage-centered approach holds significant practical implications.