Chari, Anusha; Chen, Wenjie; Dominguez, Kathryn M E - In: IMF Economic Review 60 (2012) 1, pp. 1-42
This paper examines the recent upsurge in foreign direct investment by emerging market firms into the United States. Traditionally, direct investment flowed from developed to developing countries, bringing with it superior technology, organizational capital, and access to international capital...