{"product_id":"foreign-direct-investment","title":"Foreign Direct Investment","description":"\u003cp\u003eThe 1990s saw global flows of foreign direct investment increase some sevenfold, spurring economists to explore FDI from a micro- or trade-based perspective. \u003ci\u003eForeign Direct Investment\u003c\/i\u003e is one of the first books to analyze the macroeconomics of FDI, treating FDI as a unique form of international capital flow between specific pairs of countries.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e  By examining the determinants of the aggregate flows of FDI at the bilateral, source-host-country level, Assaf Razin and Efraim Sadka present the first systematic global analysis of the singular features of FDI flows. Drawing on a wealth of fresh data, they provide new theoretical models and empirical techniques that illuminate the vital country-pair characteristics that drive these flows. Uniquely, \u003ci\u003eForeign Direct Investment\u003c\/i\u003e examines FDI between developed and developing countries, and not just between developed countries. Among many other insights, the book shows that tax competition vis-à-vis FDI need not lead to a \"race to the bottom.\" \u003ci\u003eForeign Direct Investment\u003c\/i\u003e is an essential resource for graduate students, academics, and policy professionals.\u003c\/p\u003e","brand":"Princeton University Press","offers":[{"title":"Default Title","offer_id":52649714024815,"sku":"9780691170992","price":211.83,"currency_code":"BRL","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0921\/9384\/9711\/files\/0691170991.jpg?v=1770663687","url":"https:\/\/internacional.umlivro.com.br\/products\/foreign-direct-investment","provider":"UmLivro Internacional","version":"1.0","type":"link"}