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Global FDI Trends

In: Foreign Direct Investment in Russia

Author

Listed:
  • Paul Fischer

Abstract

FDI involving overseas manufacturing and cross-border exchange of knowhow and technology has experienced an unprecedented growth since the beginning of the 1990s. Earlier, global economic integration was mainly spurred by intensified trade relations’ and, partially, through public aid transfers from advanced economies to developing countries. FDI has turned out to be an essential catalyst for integrating national economies into a globally interdependent production and services network. In the new division of labour, which now embraces the transition economies of Central and Eastern Europe as well, FDI is poised to become the lubricant for economic development, industrial modernization and fair trade relations across the Eurasian continent.

Suggested Citation

  • Paul Fischer, 2000. "Global FDI Trends," Palgrave Macmillan Books, in: Foreign Direct Investment in Russia, chapter 3, pages 79-115, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-97759-0_4
    DOI: 10.1057/9780333977590_4
    as

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