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Innovation, Investment and the Diffusion of Technology in Europe - German Direct Investment and Economic Growth in Postwar Europe (Hardcover)
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Innovation, Investment and the Diffusion of Technology in Europe - German Direct Investment and Economic Growth in Postwar Europe (Hardcover)
Series: National Institute of Economic and Social Research Economic and Social Studies
Expected to ship within 12 - 17 working days
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This volume brings together leading European scholars and
policy-makers to address the determinants of foreign direct
investment (FDI) and its effects on globalisation, growth and
European integration since 1945. The main focus of the study is
foreign direct investment by German multinational companies. A
range of methods, including econometric studies, survey-based
analysis, and detailed discussions of published statistics are used
to assess the implications for the German economy and the results
in host countries of foreign investment. Consideration is also
given to FDI by Swedish multinational corporations, as well as to
the role national and supranational institutions can play in
stimulating FDI. Although FDI often raises fears for employment and
growth, it is an effective way of transferring techniques,
processes and products into new markets. Firm-specific assets
transferred in this way can raise productivity in the host country
without sacrificing jobs in the home country.
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