Zhang, Kevin Honglin - In: Economia Internazionale / International Economics 52 (1999) 4, pp. 517-535
The boom of inward foreign direct investment (FDI) in East Asia since the mid-1980s and the recent Asian financial crisis raise the critical question of how FDI affects host economies. While there is considerable evidence on the link between FDI and economic growth, the causality between the two...