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The Political Economy of British Foreign Direct Investment

In: Britain, Europe and EMU

Author

Listed:
  • Walter Eltis

    (Exeter College
    University of Reading)

Abstract

Foreign direct investment (FDI) is transforming the world economy, and the questions it raises are debated in every country. Is it in the interests of a country to receive large inflows of FDI which enhance its productivity and employment, but at the same time increase the extent of foreign control of its industry and commerce? If UK companies invest abroad, are they depriving their countrymen of jobs and incomes and the UK government of tax revenues? Is foreign investment by British companies a vote of no confidence, or an indication that businesses are so well managed that they can produce competitively in a variety of environments?

Suggested Citation

  • Walter Eltis, 2000. "The Political Economy of British Foreign Direct Investment," Palgrave Macmillan Books, in: Britain, Europe and EMU, chapter 4, pages 73-98, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-97755-2_4
    DOI: 10.1057/9780333977552_4
    as

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