Book review: Foreign direct investment: Analysis of aggregate flows*, By: Assaf Razin and Efraim Sadka
Abstract:Over the past few decades, capital flows of all types have increased tremendously for both developed and developing countries. The lion’s share of this increase went to foreign direct investment (FDI). However, despite this surge in FDI for both sets of countries, developed countries still receive more FDI. What are the determinants of FDI in both sets of
countries? This is the key question asked in this book.