This paper surveys the recent burgeoning literature that empirically examines the foreign
direct investment (FDI) decisions of multinational enterprises (MNEs) and the resulting …

A substantial body of research has taken shape on trade in services since the mid-1980s.
Much of this is inspired by the WTO and regional trade agreements. However, an increasing …

This paper evaluates the extent to which the world economy has entered a phase of
deglobalisation, and it offers some speculative thoughts on the future of global value chains …

China's increased trade with, and investment in, Africa have boosted the continent's
economic growth but have also generated considerable controversy. The aggregate data on …

Empirical studies of bilateral foreign direct investment (FDI) activity show substantial
differences in specifications with little agreement on the set of included covariates. We use …

Depending on one's point of view, multinational enterprises are either the heroes or the
villains of the globalized economy. Governments compete fiercely for foreign direct …

This paper assesses the relationship between corruption and inward foreign direct
investment (FDI). Previous research has presumed that corruption directly enters the cost …

Using bilateral foreign direct investment (FDI) stocks around the world, we explore the
importance of a wide range of institutional variables as determinants of the location of FDI …

This paper presents a review of nine theoretical models of foreign direct investment (FDI).
Discussed are early studies of determinants of FDI (1) as well as determinants of FDI based …

There are a number of theoretical reasons why foreign direct investment (FDI) into a host
country may depend on the FDI in proximate countries. Such spatial interdependence has …