Publisher's Synopsis
The phenomenal growth of foreign direct investment (FDI) over the past decade has led to the globalization of markets. Our international competitiveness depends both on the presence of multinational enterprises (MNEs) in Canada and Canadian-based MNEs abroad. Twenty-one leading academics in the field of economics examine the subject of outward direct investment. This volume considers some major issues linked with Canadian direct investment abroad: whether and to what extent outward direct investment imparts net benefits to the Canadian economy over and above those realized by the investing companies themselves; labour-market issues (shifts in employment between low and high productivity sectors); technology issues (adoption, skills, diffusion, transfer, R&D); tax issues (objectives and constraints on taxation of FDI, and location effects).
