Razin, Assaf; Sadka, Efraim; Yuen, Chi-Wa - In: International Tax and Public Finance 6 (1999) 4, pp. 579-596
Foreign direct investment (FDI) is observed to be a predominant form of capital flows to emerging economies, especially when they are liquidity-constrained internationally during a global financial crisis. The financial aspects of FDI are the focus of this paper. We analyze the problem of...