BRICs Outward FDI: Dragon Outpaces Jaguar, Tiger, and Bear
AbstractEconomic and financial commentary on Brazil, Russia, India, and China (the ¡®BRIC' countries) generally focuses on these countries' accumulation of foreign exchange reserves, while their outward foreign direct investment (FDI) typically attracts less attention. While FDI from the BRIC countries remains relatively small, its growth potential is substantial. Due to its economic size, rapid economic growth, large external surpluses, and the nature of political-strategic incentives, China has by far the largest outward FDI potential. It will be interesting to observe whether the current crisis leads China closer to realizing its considerable potential.
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Bibliographic InfoArticle provided by Ottawa United Learning Academy in its journal Transnational Corporations Review.
Volume (Year): 1 (2009)
Issue (Month): 3 (September)
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foreign direct investment; BRIC; financial crisis; foreign exchange rate; China;
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