Troubled Banks, Impaired Foreign Direct Investment: The Role of Relative Access to Credit
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The relative wealth hypothesis of Froot and Stein (1991), motivated by the aggregate correlation between real exchange rates and foreign direct investment (FDI) observed in the 1980s, cannot explain one of the major shifts in FDI in the 1990s: the continued decline in Japanese FDI during a period of
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美国国家经济研究局创建时间:
2000-08-01



