Abstract
Foreign direct investment (FDI) is increasing in importance in the world economy. They have always attracted a good deal of attention and given rise to heated controversy. This, perhaps, is not astonishing in a world of nationalism. The Marxists saw them in the beginning of the twentieth century as the natural consequence of a maturing capitalism: the logical fruits of an ever-hardening competition, the last manifestations of a doomed system before its collapse. During recent years they have attracted renewed interest both in underdeveloped and developed countries. Resolutions at UNCTAD conferences have increasingly reflected a growing suspicion of foreign direct investment.
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© 1994 Bo Södersten and Geoffey Reed
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Södersten, B., Reed, G. (1994). Direct Investments and the Multinational Enterprise. In: International Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-15030-4_22
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DOI: https://doi.org/10.1007/978-1-349-15030-4_22
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-76365-0
Online ISBN: 978-1-349-15030-4
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