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The Evidence and Impact of Financial Globalization by Gerard Caprio

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Chapter 21

International Technology Transfer and Foreign Direct Investment

B.S. Javorcik

University of Oxford and CEPR, Oxford, UK

Outline

Introduction

This article reviews the evidence on international technology transfer taking place through flows of foreign direct investment (FDI). It starts by looking at arguments for why one would expect FDI to serve as a channel of knowledge transfer across international ...

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