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The Regulatory Framework for Investment: Where Are We Headed?

In: Internationalization of Emerging Economies and Firms

Author

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  • Karl P. Sauvant

Abstract

As Yair Aharoni (2010) has pointed out, ‘globalization compels almost all firms to organize all value-added activities in a global manner’. Globalization has, in no small measure, been driven by foreign direct investment (FDI). While world FDI flows averaged US$50 billion during the first half of the 1980s, they had reached US$2.1 trillion in 2007 (before declining, I would say temporarily, to US$1.1 trillion in 2009, on account of the financial crisis and recession) (UNCTAD, 2010) (Table 2.1).1

Suggested Citation

  • Karl P. Sauvant, 2012. "The Regulatory Framework for Investment: Where Are We Headed?," Palgrave Macmillan Books, in: Marin Marinov & Svetla Marinova (ed.), Internationalization of Emerging Economies and Firms, chapter 2, pages 15-39, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36366-3_2
    DOI: 10.1057/9780230363663_2
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    Cited by:

    1. Li, Fengchun & Liang, Ting & Zhang, Hailian, 2021. "Does economic policy uncertainty affect cross-border M&As? —— A data analysis based on Chinese multinational enterprises," International Review of Financial Analysis, Elsevier, vol. 73(C).

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