21. The Internationalization of Chinese and Indian Firms: Trends, Motivations and Policy Implications
- Author:
- Sandeep Kapur and Suma Athreye
- Publication Date:
- 01-2009
- Content Type:
- Policy Brief
- Institution:
- United Nations University
- Abstract:
- The last two decades have seen a significant rise in the internationalization of firms from developing economies. In addition to their growing participation in international trade, a number of leading emerging economies are contributing to growing outflows of foreign direct investment (FDI) and cross-border mergers and acquisitions. According to the 2008 World Investment Report, outward flows of FDI from developing countries rose from about US$6 billion between 1989 and 1991 to US$225 billion in 2007. As a percentage of total global outflows, the share of developing countries grew from 2.7% to nearly 13.0% during this period.
- Topic:
- International Relations, Economics, Globalization, International Political Economy, Markets, Foreign Direct Investment, and Financial Crisis
- Political Geography:
- United States, China, and India