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Multinational Companies from Emerging EconomiesTrends in Southern OFDI

Multinational Companies from Emerging Economies: Trends in Southern OFDI [FDI statistics generally suffer from important limitations, including the fact that data on cross-border financial flows are not necessarily the best indicators of global production activity. The quality of developing countries’ data is probably even poorer — the problem of round-tripping, for instance, is particularly severe and the use of tax havens is also very common. With these caveats in mind, some trends are clear. Asian investors contribute the lion’s share of Southern OFDI, while Latin American multinationals have lost the leadership that was theirs for most of the 20th century. Other countries are also emerging, with South Africa being especially present in the rest of sub-Saharan Africa.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Multinational Companies from Emerging EconomiesTrends in Southern OFDI

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Publisher
Palgrave Macmillan UK
Copyright
© Palgrave Macmillan, a division of Macmillan Publishers Limited 2007
ISBN
978-0-230-57794-7
Pages
7 –30
DOI
10.1057/9780230206335_2
Publisher site
See Chapter on Publisher Site

Abstract

[FDI statistics generally suffer from important limitations, including the fact that data on cross-border financial flows are not necessarily the best indicators of global production activity. The quality of developing countries’ data is probably even poorer — the problem of round-tripping, for instance, is particularly severe and the use of tax havens is also very common. With these caveats in mind, some trends are clear. Asian investors contribute the lion’s share of Southern OFDI, while Latin American multinationals have lost the leadership that was theirs for most of the 20th century. Other countries are also emerging, with South Africa being especially present in the rest of sub-Saharan Africa.]

Published: Oct 6, 2015

Keywords: Multinational Company; Foreign Asset; Initial Public Offer; Overseas Investment; COMECON Country

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