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The role of foreign direct investment in a globalising economy

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  • J.H. DUNNING

    (Rutgers University)

Abstract

The problem of mounting public debt should be attributed to the inability to control inflation instead of restricting public expenditures as many economists would suggest. The use of inappropriate monetary and fiscal tools to control inflation have aggravated the problem. In light of new findings, it is suggested that tax-based incomes policies and Lerner's market anti-inflation plan, among others, should be tried out.

Suggested Citation

  • J.H. Dunning, 1995. "The role of foreign direct investment in a globalising economy," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 48(193), pages 125-144.
    • Handle: RePEc:psl:bnlaqr:1995:21
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    File URL: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10502/10388
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    Cited by:

    1. Jan Stankovsky, 2000. "Teilprojekt 1: Institutionelle Rahmenbedingungen für die Osterweiterung der EU," WIFO Studies, WIFO, number 19146, April.
    2. Gerling, Katja, 1997. "East-west corporate networking: A theoretical approach," Kiel Working Papers 805, Kiel Institute for the World Economy (IfW Kiel).
    3. Besancenot, Damien & Vranceanu, Radu, 2002. "Manager honesty and foreign investment in developing countries," Research in Economics, Elsevier, vol. 56(3), pages 231-250, September.
    4. Wilfried Altzinger & Peter Egger & Peter Huber & Kurt Kratena & Michael Pfaffermayr & Michael Wüger, 2000. "Teilprojekt 5: Transnationale Direktinvestitionen und Kooperationen," WIFO Studies, WIFO, number 19587, April.
    5. Jan Stankovsky, 1999. "Österreichs Direktinvestitionen in Osteuropa," WIFO Monatsberichte (monthly reports), WIFO, vol. 72(2), pages 113-127, February.
    6. Seliger Bernhard, 2001. "Die Krise der sozialen Sicherung und die Globalisierung – Politische Mythen und ordnungspolitische Wirklichkeit," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 52(1), pages 215-238, January.

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