||About the Author||Ashoka Mody is Assistant Director at the European Department, International Monetary Fund.
Asking the question of whether Foreign Direct Investment (FDI) is 'integrating' the world economy, this comprehensive volume consists of an overview of current FDI research.
While the term 'integrating' is often used, the real test should be whether FDI is instrumental in bringing per capita incomes across countries closer together. By this yardstick, the answer is no. The forces driving FDI are strong; they lead it to flow to countries wi... [PDF.tc06] Foreign Direct Investment and the World Economy (Routledge Studies in the Modern World Economy) Rating: 4.65 (559 Votes)
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