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  1. International Investment Perspectives
  2. International Investment Perspectives 2006
  3. Chapters
  4. Outward Direct Investment. What Benefits to the Home Countries?.
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International Investment Perspectives 2007. Freedom of Investment in a Changing World.
International Investment Perspectives 2006
Chapters
Trends and Recent Developments in Foreign Direct Investment
Globalisation, New Technology and International Investment
International Investor Participation in Infrastructure. Challenges for Policy Makers.
Outward Direct Investment. What Benefits to the Home Countries?.
Building Investment Policy Capacity. The OECD Peer Review Process.
Novel Features in Recent OECD Bilateral Investment Treaties
Improving the System of Investor-state Dispute Settlement. An Overview.
Consolidation of Claims. A Promising Avenue for Investment Arbitration?.
International Investment Perspectives 2005
International Investment Perspectives 2004
International Investment Perspectives 2003
International Investment Perspectives 2002

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Outward Direct Investment. What Benefits to the Home Countries?.

Content Provider OECD iLibrary
Organization OECD
Abstract This article, taking OECD work from the early 1990s as a starting point, updates new evidence on the effects of outward direct investment on the home economy. Focusing on three possible impacts, namely employment, foreign trade and technology transfers, it finds that outward investment almost invariably has a beneficial macroeconomic effect. Outward investment generally boosts exports as companies trade with their foreign affiliates, and in some cases investment abroad in the context of strategies equally aimed at boosting trade. Employment in the home economy also tends to benefit from outward investment, although this may not always be the case within the investing sector itself. A bit more uncertainty still relates to the technology effects. Some companies invest to acquire know-how abroad, while others do so to undertake knowledge-based activities such as research and development away from their home country. The latter generally benefits the investing enterprise, but the broader societal benefits are elusive.
Page Count 27
Starting Page 97
Ending Page 120
Language English
Publisher OECD Publishing
Publisher Date 2006-09-18
Access Restriction Open
Subject Keyword Finance and Investment
Content Type Text
Resource Type Chapter
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