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Foreign Direct Investment in the Real and Financial Sector of Industrial Countries »

Book cover image of Foreign Direct Investment in the Real and Financial Sector of Industrial Countries by Heinz Herrmann

Authors: Heinz Herrmann (Editor), Robert Lipsey
ISBN-13: 9783540005100, ISBN-10: 3540005102
Format: Hardcover
Publisher: Springer-Verlag New York, LLC
Date Published: March 2003
Edition: (Non-applicable)

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Author Biography: Heinz Herrmann

Book Synopsis

The international integration of national economies is a dominant feature of the present time. This book brings together papers on the determinants and consequences of foreign direct investment (FDI) in the real and financial sectors of industrial countries. It sheds new light on the determinants of FDI, in particular the role of governmental incentives. Another main topic of this volume is the role of FDI in the east European accession countries. It provides insights into the question of whether EU enlargement will have consequences for capital flows into those countries. Since the start of European monetary union the discussion on cross-border mergers in the European banking industry has intensified. The final part of the book contains contributions to this debate.

Table of Contents

Foreign Direct Investment in the Real and Financial Sector of Industrial Countries: A Summary1
Host-Country Determinants of U.S. Foreign Direct Investment into Europe7
Discussion33
The Economics of Foreign Direct Investment Incentives37
Discussion57
Chains of Ownership, Regional Tax Competition, and Foreign Direct Investment61
Fiscal Policies, European Integration and Structural Changes in the Location of German Foreign Direct Investment99
Discussion137
Ownership, Capital or Outsourcing: What Drives German Investment to Eastern Europe?147
Is there a Potential for Increases in FDI for Central and Eastern European Countries Following EU Accession?165
Discussion184
EU Accession and Prospective FDI Flows to CEE Countries: A View from Ireland187
Discussion209
A "new" Micro Database for German FDI215
Foreign Direct Investment: Who Cares about Ownership?245
Discussion269
Determinants of Cross-Border Mergers in European Banking273
Discussion291
Cross-border Mergers in European Banking and Bank Efficiency295
Discussion316
Determinants of Cross-Border Bank Mergers: Is Europe Different?323
Discussion349
Notes on Contributors365

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