Munich Personal RePEc Archive

Foreign direct investment, technology transfer to the South and competition for the North: towards co-operative institutional arrangements between the North and the South?

Singh, Ajit and Zammit, Ann (1997): Foreign direct investment, technology transfer to the South and competition for the North: towards co-operative institutional arrangements between the North and the South? Published in: Michie, J. and Smith, J. (eds.), Globalisation, Growth and Governance, Oxford University Press (1. May 1998): pp. 30-49.

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Abstract

Abstract

The last decade has witnessed a very fast growth of foreign direct investment (FDI) - this both reflects and extends the globalization of production. Although the greater part of FDI is still carried out by multinationals of one advanced country investing in another, a significant and perhaps increasing proportion of multinationals' investment is now taking place in developing countries (the South).

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