Increased outward foreign direct investment from post-socialist countries indicated the emergence of indigenous multinational companies. Nevertheless, we do not have a clear picture about the real extent of outward FDI realised by indigenous firms, as balance of payments contain data on outward...

The rise of FDI from emerging markets has become a focus of attention since the turn of the century. Over the past few years, firms from these markets have become major investors abroad, complementing their home countries‘ traditional role as recipients of FDI. To help understand this...