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Long-term trends in international production

  • Zimny, Zbigniew

    ()

    (United Nations Conference on Trade and Development)

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    This paper describes long-term trends in international production, i.e. the production of goods and services that is under the governance of transnational corporations - either through foreign direct investment (FDI) or non-equity arrangements. It recounts the rapid growth in international production, the increasing importance of non-equity arrangements, and the shift towards services. The paper then examines the geography of FDI, emphasising that EU countries have emerged as a major source and destination of FDI - a process shaped considerably by EU integration. New EU members from Central and Eastern Europe received substantial FDI inflows in the transition from plan to market. Recognising FDI opportunities that emerged for these countries from regional integration, the paper takes a cautionary stance as to whether these countries can expect increased FDI inflows following EU accession.

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    File URL: http://www.eib.org/attachments/efs/eibpapers/eibpapers_2004_v09_n01_en.pdf#page=24
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    Paper provided by European Investment Bank, Economics Department in its series EIB Papers with number 2/2004.

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    Length: 26 pages
    Date of creation: 18 Jun 2004
    Date of revision:
    Handle: RePEc:ris:eibpap:2004_002
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    1. George N. Yannopoulos, 1990. "Foreign Direct Investment and European Integration: The Evidence from the Formative Years of the European Community," Journal of Common Market Studies, Wiley Blackwell, vol. 28(3), pages 235-259, 03.
    2. John H. Dunning, 1997. "The European Internal Market Programme and Inbound Foreign Direct Investment," Journal of Common Market Studies, Wiley Blackwell, vol. 35(2), pages 189-223, 06.
    3. John H. Dunning, 1997. "The European Internal Market Programme and Inbound Foreign Direct Investment," Journal of Common Market Studies, Wiley Blackwell, vol. 35(1), pages 1-30, 03.
    4. Blomström, Magnus & Kokko, Ari, 1997. "Regional Integration and Foreign Direct Investment," SSE/EFI Working Paper Series in Economics and Finance 172, Stockholm School of Economics.
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