60 likes | 76 Views
Slides for the roundtable. ’Emerging Multinationals’: Outward Foreign Direct Investment from Emerging and Developing Economies 10 October 2008, Copenhagen Business School. Kalman Kalotay UNCTAD.
E N D
Slides for the roundtable ’Emerging Multinationals’: Outward Foreign Direct Investment from Emerging and Developing Economies 10 October 2008, Copenhagen Business School Kalman Kalotay UNCTAD
Not just the BRICS: Share of emerging economies* in world FDI stock, 1990–2007 (%)…*defined as developing and transition economies All emerging economies BRICS
…but difference is less pronounced if ‘emerging economies’ are defined and middle and low-income countries Middle and low-income economies BRICS
‘Developing and transition’ includes high-income economies, namely: Asian tigers: Hong Kong, China Korea, Republic of Singapore Taiwan Province of China High-income oil exporters: Bahrain Brunei Darussalam Kuwait Qatar Trinidad and Tobago United Arab Emirates Offshore financial centres: Aruba Barbados British Virgin Islands Cayman Islands Netherlands Antilles ‘Middle and low-income’ excludes all high-income economies but includes: Middle-income new EU members: Bulgaria Hungary Latvia Lithuania Poland Romania Slovakia And still excludes high-income ‘emerging economies’ such as: Czech Republic Estonia Israel Slovenia Difference between ‘developing and transition’ economies and ‘middle and low-income’ countries Measurement of the share of BRICS partly depends on how you define ‘emerging’
Potential perceptions of emerging-economy investors in developed host economies
The importance of the home country fur future FDI theory • Whither the home country? (Ms Tolentino) or • Towards an OLI-H paradigm?