Foreign Direct Investment in the World Economy

Author/Editor:

Edward M. Graham

Publication Date:

June 1, 1995

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

The role of foreign direct investment (FDI) in international capital flows is examined. Theories of the determinants of FDI are surveyed, and the economic consequences of FDI for both host (recipient) and home (investor) nations are examined in light of empirical studies. Policy issues surrounding possible negotiation of a “multilateral agreement on investment” are discussed.

Series:

Working Paper No. 1995/059

Subject:

Balance of payments Capital formation Economic sectors Foreign direct investment National accounts Transnational corporations

English

Publication Date:

June 1, 1995

ISBN/ISSN:

9781451847901/1018-5941

Stock No:

WPIEA0591995

Pages:

36

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