Kiel Policy Brief No. 162: The author shows that the US as the world’s largest investor abroad so far shuns the most dynamic host region East Asia including China and instead continues to focus on investment in Europe.

This paper analyses how China’s investments in Germany have developed over time and the potential impact of the COVID-19 pandemic in this regard, based on four different datasets, including our own survey in mid-2020. Our analysis shows that Germany...

In this article, we briefly review our own work, and related studies, on the impact of FDI in African countries using firm level data. Overall, research suggests that foreign multinationals can indeed benefit local firms in terms of productivity...

Using panel data for a large cross-country sample, we consider the influences of FDI inflows, inward development aid, and immigration on the informal sector. Both FDI and immigration increase the informal sector, with the effect of immigration being...

Under the German Presidency of the G20 in 2017, the Compact with Africa (CWA) was launched with the goal of mobilising private capital and promoting the efficient use of public resources so as to increase private and infrastructure investment in...

We use Japanese microdata to examine how financial market frictions affect foreign direct investment (FDI). The Japanese land price bubble and banking trouble in the late 1980s and early 1990s serve as a quasi natural experiment to identify two...

Official development assistance (ODA) and foreign direct investment (FDI) are widely perceived to be alternative means of supplementing domestic savings and promoting economic development in low and middle income countries. However, possible...

This paper investigates the impact of FDI on population health using panel data for up to 179 countries over the period from 1980 to 2011. Our main finding is that the relationship between FDI and health is non-linear depending on the level of...

This paper considers the link between the local availability of services and a firm’s decision to become a multinational. This is a highly topical issue, given that many industrialised countries are increasingly becoming services economies and firms...

The attraction of foreign direct investment (FDI) is considered to be of particular importance for emerging economies because it represents a channel through which international convergence in standards of living may be achieved. One important effect...