International Journal of Management Practice SPECIAL ISSUE Deadline: September 1, 2013 Title: Special Issue on: “Multinational firms and FDI in the 21st century: New theories, new participants and changing hegemony” Description: Recent years have witnessed increased globalisation of the world economy, aided by technological change, liberalisation and privatisation pursued by many governments, the development of bilateral and multinational trade agreements, the globalisation of tastes and the opening up of markets. Multinational Enterprises have become increasingly dominant in the global economy, accounting for over 80% of world trade and an equal proportion of private R&D. Consequently Foreign Direct Investment (FDI) has grown dramatically reached a peak in 2007 before the global financial crisis. The growth in FDI both through inward and outward FDI has increased much faster than Gross domestic Product (GDP) and Gross Fixed Capital Formation (GFCF).
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