The paper focuses on the Foreign Direct Investment (FDI) that has received little attention in the debate and criticism of globalization. The empirical evidence indicates that Direct Investment is concentrated in a few countries, confirming a selective integration of certain areas into the world economy. It highlights also the importance of the Trans-Atlantic connection, with Europe as the larger source of direct investment and the US shifting to the role of major recipient after the mid-1990s. FDI highlights also the distinction that needs to be made with capital mobility and financial flows. The debate on globalization mostly eluded these issues, which calls into question the capacity of discussing the question of global governance.

Globalization Reconsidered: Foreign Direct Investment and Global Governance

GUALERZI, DAVIDE
2007

Abstract

The paper focuses on the Foreign Direct Investment (FDI) that has received little attention in the debate and criticism of globalization. The empirical evidence indicates that Direct Investment is concentrated in a few countries, confirming a selective integration of certain areas into the world economy. It highlights also the importance of the Trans-Atlantic connection, with Europe as the larger source of direct investment and the US shifting to the role of major recipient after the mid-1990s. FDI highlights also the distinction that needs to be made with capital mobility and financial flows. The debate on globalization mostly eluded these issues, which calls into question the capacity of discussing the question of global governance.
File in questo prodotto:
File Dimensione Formato  
GlobIJPE2007.pdf

accesso aperto

Tipologia: Postprint (accepted version)
Licenza: Creative commons
Dimensione 105.78 kB
Formato Adobe PDF
105.78 kB Adobe PDF Visualizza/Apri
Pubblicazioni consigliate

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11577/1773908
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact