Submission Deadline: May 2014 The level of globalisation in the contemporary business environment is indicated by the transmission and impact of the recent global financial, economic and sovereign debt crisis. International trade and foreign direct investment (FDI) are still the most important driving factors of globalization, and the latter has become more important than the former in the aftermath of the crisis. UNCTAD statistics indicate that in 2008 – when the crisis was a global phenomenon – world FDI stock was approximately 26 percent of world gross domestic product (GDP), at the same time as the value of merchandise and services trade was approximately 33 percent of world GDP. The most recent data available from UNCTAD statistics indicates that world FDI stock was approximately 30 percent of world GDP in 2011, while the value of merchandise and services trade was approximately 23 percent of world GDP. The aim of the special issue is to reveal the determinan
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