Overview

In this book, the authors investigate the rise in outward direct investment (ODI) from four emerging economies, Brazil, Russia, India and China (BRIC). Over the last two decades, these countries have transformed from recipients of foreign direct investment (FDI) into important international investors. This new book explores the reasons behind the impressive surge in ODI from developing economies, and examines the characteristics of firms within BRIC countries by creating and testing a conceptual framework. Addressing the need for a greater understanding of aggregated ODI patterns, the authors focus on the different types of ODI being employed by firms within BRIC countries, covering details such as destinations and foreign ownership structures. By evaluating the correlation between ODI and a firm’s performance, this book will be a valuable read for anyone researching international business and emerging economies.

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9783319973395

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Author Information

Valeria Gattai is Associate Professor of Applied Economics at the Università degli Studi di Milano-Bicocca, Italy. She previously studied at Bocconi University, Italy and her research focuses on FDI and the theory of the firm. Rajssa Mechelli is a doctoral student in the School of Economics and Finance at the Università Cattolica del Sacro Cuore, Italy. Her research focuses primarily on macroeconomic dynamics. Piergiovanna Natale is full Professor of Economics at Università degli Studi di Milano-Bicocca, Italy. Having previously studied at the University of Exeter, UK, her research revolves around the theory of the firm and institutional design.  

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