Information Externalities Affecting the Dynamic Pattern of Foreign Direct Investment : The Case of China

The Case of China

Information Externalities Affecting the Dynamic Pattern of Foreign Direct Investment : The Case of China
The dynamic pattern of foreign direct investment (FDI) in developing countries shows a three-phase pattern. Despite government policies that promote it, initially the inflow of FDI is sluggish, followed by a period of considerable fluctuation before finally entering the stage of rapid growth. The paper explains the pattern through recourse to... READ MORE...

Publication date: April 1994
ISBN 9781451974645
$15.00

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