Rene Belderbos
Empirical researchNexus (standard)Financial marketAbsorptive capacityForeign direct investment
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#1André PineliH-Index: 2
#2Rajneesh NarulaH-Index: 40
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Economic development can be defined as a process in which output growth is accompanied by qualitative changes in the structures of production and employment. Can FDI affect this process? This paper looks for answers in two ways. First, it reviews the extant knowledge about the relationship between MNE activity and economic development in developing countries. Core theoretical and conceptual issues are presented and the key findings of both microeconomic (FDI linkages and spillovers) and macroeco...