Global Foreign Direct Investment: Structural Changes in the Current Crisis

The current crisis, as well complicated economic relations between countries, sustainable development risks of global value chains (GVCs), and international trade protectionism cause changes in the modern system foreign direct investment (FDI). Due to complexity these vulnerability world economy future recessions, it is necessary develop a new concept cross-border capital flows form FDI. research aims identify structural FDI context market challenges. Structural dynamic analysis descriptive assessment were conducted examine movement, taking into account unstable environment. A test impact coronavirus crisis revealed that retrospective transformation occurred due internationalisation companies, mergers acquisitions, regional structure Corporate disinvestment growing importance intangible assets also played an important role. As result, slowdown led decline reinvested earnings many sectors. long-term recovery will be largely determined by dynamics FDI, transnational companies (TNCs) should consider local crises strive geographically distribute investment. differentiation national GVC strategies approaches outsourcing TNCs are main regionalisation or nationalisation corresponding decrease findings can used modify well-known concepts, their on relations.