9
Foreign Direct Investment: Theory and Application
LEARNING OBJECTIVES
After going through this chapter, you should be able to:
Identify the different forms of foreign direct investment (FDI) in the global economy
Examine the economic rationale underlying FDI behaviour
Understand why firms often prefer direct investment as a strategy for entering a foreign market over alternatives such as exporting and licensing
Appreciate how political ideology influences government policy towards FDI
Determine the costs and benefits of FDI for home and host countries
Understand FDI flows in the global and Indian context
Latin America's Conquistadors
There is a new breed of transnational corporations (TNCs) from Latin America—conquistadors—that have ...
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