The role of foreign direct investment in a globalising economy

Authors

  • J.H. DUNNING

DOI:

https://doi.org/10.13133/2037-3643/10502

Abstract

The problem of mounting public debt should be attributed to the inability to control inflation instead of restricting public expenditures as many economists would suggest. The use of inappropriate monetary and fiscal tools to control inflation have aggravated the problem. In light of new findings, it is suggested that tax-based incomes policies and Lerner's market anti-inflation plan, among others, should be tried out.

 

JEL Codes:

References

BRITTAN, L. (1995), Investment Liberalization: The Next Great Boost to the World Economy, address to Royal Institute of International Affairs, London, 17 March.

DUNNING, J.H. (1993), Multinational Enterprises and the Global Economy, Addison Wesley, Wokingham, England and Reading, Mass.

DUNNING, J.H. (1993), Globalization of Business: The Challenge of the 1990s, Routledge, London and New York.

DUNNING, J.H. (1994), Globalization: The Challenge for National Economic Regimes, The Economic and Social Research Council, Dublin.

GERLACH, M.L. (1992), Alliance Capitalism: The Social Organization of Japanese Business, Oxford University Press, Oxford.

KENNEY, M. and FLORIDA, R. (1993), Beyond Mass Production, Oxford University Press, Oxford and New York.

LAZONICK, W. (1992), "Business organizational and competitive advantage: capitalist transformations in the twentienth century", in Dosi G., Gianetti R. and Toninelli P.A. eds., Technology and Enterprise in Historical Perspective, The Clarendon Press, Oxford.

MCGREW, A.G. (1992), "Conceptualizing global politics" in McGrew, A.G. and Lewis P.G. eds., Global Politics: Globalization and the Nation State, The Polity Press, Cambridge.

QUINN, J.B. and HILMER, F.G. (1994), "Strategic outsourcing", Sloan Management Review, 35, Summer, 43-55.

REICH R. (1990), "Who is us?", Harvard Business Review, January-February, 53-64.

UNCTAD (1994), World Investment Report 1994: Transnational Corporations, Employment and the Workplace, United Nations, New York and Geneva.

UNCTAD (1995), World Investment Report 1995, United Nations, New York and Geneva, forthcoming.

UNITED NATIONS (1986), United Nations Statistical Yearbook 1983/1984, New York.

US DEPARTMENT OF COMMERCE (1992), US Direct Investment Abroad: 1989 Benchmark Survey, Final Results, Department of Commerce, Bureau of Economic Analysis, Washington.

US DEPARTMENT OF COMMERCE (1993), "US direct investment abroad 1990-1992", Survey of Current Business, July, 97-120.

WEINBERG, D.B. (1993), "US international transactions second quarter 1993", Survey of Current Business, September, 94-156.

WORLD BANK (1994), World Development Report 1993, Oxford University Press, Oxford.

WORLD ECONOMIC FORUM and IMEDE (1993), World Competitiveness Report, Geneva and Lausanne.

Downloads

Published

2013-10-20

How to Cite

DUNNING, J. (2013). The role of foreign direct investment in a globalising economy. PSL Quarterly Review, 48(193). https://doi.org/10.13133/2037-3643/10502

Issue

Section

Editorial