FDI Contribution to Capital Flows and Investment in Capacity
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The paper surveys a theory of FDI, which captures a unique feature: hands-on management standards, that enable investors to react in real time to a changing economic environment. Equipped with superior managerial skills, foreign direct investors are able to outbid portfolio investors for the top
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美国国家经济研究局创建时间：
2002-09-01
