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Introduction

In: The Relationship Between FDI and the Natural Environment

Author

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  • Pasquale Pazienza

    (University of Foggia)

Abstract

One of the most relevant aspects of the globalization phenomenon is represented by the dynamic of financial capital flows around the world. Although the term “international financial flow” refers to a series of forms of capital, in which Official Development Assistance (ODA) and tools of the so-called Private International Finance (PIF), such as portfolio equity investment and debt finance are considered, it often centres on Foreign Direct Investment (FDI). The reason why most of the available literature refers to FDI lies in the fact that, as a form of private capital, it accounts for the greatest part of the PIF to emerging economies. Its relevant and beneficial role in countries growth and development processes is generally recognized and reported in terms of job creation, introduction and spread of innovation and new technologies, transfer of intangible resources such as better practices and new methods of organization, which result in production efficiency improvements and increase in competitiveness.

Suggested Citation

  • Pasquale Pazienza, 2014. "Introduction," SpringerBriefs in Economics, in: The Relationship Between FDI and the Natural Environment, edition 127, chapter 0, pages 1-6, Springer.
    • Handle: RePEc:spr:spbchp:978-3-319-04301-2_1
    DOI: 10.1007/978-3-319-04301-2_1
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