The Impact of Foreign Direct Investments (FDIs) from Market Economies to Centrally Planned Countries |
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| Authors: | Pervez N. Ghauri Byung Il Park |
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| Affiliation: | 1. Hankuk University of Foreign Studies, College of Business Administration 270, Dongdaemun‐gu Seoul, South Korea;2. University of Birmingham, Birmingham Business School, Birmingham, United Kingdom |
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| Abstract: | Despite the recent economic slump and subsequent reductions and fluctuations of investment activities undertaken by multinational enterprises (MNEs) in host markets, the overall volume of foreign direct investment (FDI) has significantly grown over the past three decades. The major proportion of the FDI flows from market economies to centrally planned countries, with the latter currently receiving huge amounts of inward FDI from the West. A representative example of this flow is China. China is often referred to as the factory of the world and/or the black hole of inward FDI. © 2016 Wiley Periodicals, Inc. |
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| Keywords: | Foreign Direct Investments Market Economies Centrally Planned Countries |
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