MERIT-Infonomics Research Memorandum series Globalisation, EU expansion and consequences for MNE location
نویسنده
چکیده
Many of the EU accession countries are confident that membership will result in substantially increased inward foreign direct investment (FDI). At the same time, other peripheral EU members (such as Spain and Portugal) are concerned that FDI will be displaced to these new countries. I postulate that the new members cannot expect the same increased FDI flows that resulted to earlier EU entrants. Both groups of countries cannot base their industrial development strategy on passive reliance on such flows. Reliance on low costs and other ‘generic’ advantages such as basic infrastructure is myopic in a globalised world. Benefiting from FDI requires a comprehensive strategy to build up domestic absorptive capacity and upgrading of the quality of their location advantages, since they are faced with increased competition for FDI not just from other European countries but also from other parts of the world, most notably Asia.
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MERIT-Infonomics Research Memorandum series Location and agglomeration of FDI in The Netherlands: implications for policy
Understanding the determinants of the location of MNE affiliates has become increasingly important for policy makers at the local, regional, national, and supra-national level, as investment promotion schemes are increasingly seen as an important cornerstone of the industrial development of most countries and regions. We examine some of the factors that explain an MNE’s choice for a particular ...
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