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World Foreign Direct Investments (FDI). The “Tip Of The Iceberg”

ANDREI, Dalina (2018): World Foreign Direct Investments (FDI). The “Tip Of The Iceberg”. Published in: Hyperion International Journal of Econophysics & New Economy , Vol. 12, No. 1 (8 December 2019): pp. 169-181.

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Abstract

The FDI origin was once about three groups of theories, the (a) international trade based one (i.e. works of David Ricardo and Neoclassic Synthesis/HOS), the (b) product life cycle one (i.e. works of Raymond Vernon[1]) and the so-called (c) “eclectic paradigm” (i.e. John Dunning[2]) treating from the viewpoint of enterprise (i.e. microeconomic) development up to its internationally implemented stage. Then, the last might have continued on a large diversity of theories on multinationals. Or, these theories taken as a whole do suggest at least a diversity of the FDI “substance”. Here, in our paper we use a proper empirical approach to finally demonstrate the contrary: there are not too many international capital sources.

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