International economic integration has been on the rise since at least the mid eighties. The present episode of globalization has a number of distinctive features that makes it more vulnerable to a turnaround in even one of its components. The nature of foreign direct investment(FDI), particularly toward developing and emerging markets, has changed. In the past, FDI was mainly directed to establish a production facility in foreign markets with a view...
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Trade liberalization in a globalizing world
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foreign direct investment
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