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Globalization and Foreign Direct Investment

In: Mergers and Acquisitions as the Pillar of Foreign Direct Investment

Author

Listed:
  • Aristidis Bitzenis

Abstract

Globalization is a term used to express the tendency for the world economy to integrate, not only with respect to markets, finance, technology, and cross-countries’ trade and investments, but also with regard to the harmonization of laws and regulations of everyday activity (political, economic, social, cultural, and ideological). The core of the concept of globalization is that the world displays a strong tendency to become one entity. To be more specific, the term globalization describes the increase in international trade and financial flows that has taken place since 1960, but even more so in the post-1980 period.

Suggested Citation

  • Aristidis Bitzenis, 2012. "Globalization and Foreign Direct Investment," Palgrave Macmillan Books, in: Aristidis Bitzenis & Vasileios A. Vlachos & Pyrros Papadimitriou (ed.), Mergers and Acquisitions as the Pillar of Foreign Direct Investment, chapter 0, pages 9-24, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-03155-6_2
    DOI: 10.1057/9781137031556_2
    as

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