Chen, Victor Zitian - 2015
transformation of global industries, international institutions, and global power (re)arrangement. Outward FDI undertaken by these EM … global FDI outflows increased to 19% in 2008 and further to 25% in 2009 (UNCTAD, 2010). Among relatively large EMs, India …%), Brazil (123%), and Russia (151%), although from a relatively lower base (UNCTAD, 2010). India's outward FDI position is much …