Slides for the roundtable Kalman Kalotay UNCTAD ’Emerging Multinationals’: Outward Foreign...
-
Upload
isabella-nichols -
Category
Documents
-
view
213 -
download
0
Transcript of Slides for the roundtable Kalman Kalotay UNCTAD ’Emerging Multinationals’: Outward Foreign...
![Page 1: Slides for the roundtable Kalman Kalotay UNCTAD ’Emerging Multinationals’: Outward Foreign Direct Investment from Emerging and Developing Economies 10.](https://reader036.fdocuments.net/reader036/viewer/2022082820/56649d205503460f949f421d/html5/thumbnails/1.jpg)
Slides for the roundtable
Kalman Kalotay UNCTAD
’Emerging Multinationals’: Outward Foreign Direct Investment from Emerging
and Developing Economies
10 October 2008, Copenhagen Business School
![Page 2: Slides for the roundtable Kalman Kalotay UNCTAD ’Emerging Multinationals’: Outward Foreign Direct Investment from Emerging and Developing Economies 10.](https://reader036.fdocuments.net/reader036/viewer/2022082820/56649d205503460f949f421d/html5/thumbnails/2.jpg)
Not just the BRICS: Share of emerging economies* in world FDI stock, 1990–
2007 (%)…*defined as developing and transition economies
0
2
4
6
8
10
12
14
16
18
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
All emerging economies
BRICS
![Page 3: Slides for the roundtable Kalman Kalotay UNCTAD ’Emerging Multinationals’: Outward Foreign Direct Investment from Emerging and Developing Economies 10.](https://reader036.fdocuments.net/reader036/viewer/2022082820/56649d205503460f949f421d/html5/thumbnails/3.jpg)
…but difference is less pronounced if ‘emerging economies’ are defined and
middle and low-income countries
0
1
2
3
4
5
6
7
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
Middle and low-income economies
BRICS
![Page 4: Slides for the roundtable Kalman Kalotay UNCTAD ’Emerging Multinationals’: Outward Foreign Direct Investment from Emerging and Developing Economies 10.](https://reader036.fdocuments.net/reader036/viewer/2022082820/56649d205503460f949f421d/html5/thumbnails/4.jpg)
Difference between ‘developing and transition’ economies and ‘middle and
low-income’ countries
‘Developing and transition’ includes high-income economies, namely:
Asian tigers: Hong Kong, China Korea, Republic of Singapore Taiwan Province of China
High-income oil exporters: Bahrain Brunei Darussalam Kuwait Qatar Trinidad and Tobago United Arab Emirates
Offshore financial centres: Aruba Barbados British Virgin Islands Cayman Islands Netherlands Antilles
‘Middle and low-income’ excludes all high-income economies but includes:
Middle-income new EU members: Bulgaria Hungary Latvia Lithuania Poland Romania Slovakia
And still excludes high-income ‘emerging economies’ such as: Czech Republic Estonia Israel Slovenia
Measurement of the share of BRICS partly depends on how you define
‘emerging’
![Page 5: Slides for the roundtable Kalman Kalotay UNCTAD ’Emerging Multinationals’: Outward Foreign Direct Investment from Emerging and Developing Economies 10.](https://reader036.fdocuments.net/reader036/viewer/2022082820/56649d205503460f949f421d/html5/thumbnails/5.jpg)
Potential perceptions of emerging-economy investors in developed
host economies
Type of investor
Financial resources
Techno-logy
Employ-ment & skills
Environ-mental impact
Social responsi-bility
Transpa-rency
National security
Privately owned
State-owned / Govern-ment-related
Sove-reign wealth fund
![Page 6: Slides for the roundtable Kalman Kalotay UNCTAD ’Emerging Multinationals’: Outward Foreign Direct Investment from Emerging and Developing Economies 10.](https://reader036.fdocuments.net/reader036/viewer/2022082820/56649d205503460f949f421d/html5/thumbnails/6.jpg)
The importance of the home country fur future FDI theory
Whither the home country? (Ms Tolentino)
or Towards an OLI-H paradigm?