MNEs, FDI, inequality and growth

IF 2.2 4区管理学 Q3 BUSINESS

Multinational Business Review Pub Date : 2019-09-16 DOI:10.1108/MBR-09-2018-0062

J. Doh

{"title":"MNEs, FDI, inequality and growth","authors":"J. Doh","doi":"10.1108/MBR-09-2018-0062","DOIUrl":null,"url":null,"abstract":"\nPurpose\nThe relationship among foreign direct investment, multinationals, inequality and growth is a vexing one that has occupied considerable scholarly and practical attention for many decades. To date, international business scholars have not fully concerned themselves with this issue (Buckley, Doh and Benischke, 2017, for an exception). This paper aims to briefly review this literature and report some of the insights of this work. The author draws from and integrates this literature, concluding that multinationals and the foreign investment that emanate from them have a generally positive impact on growth and a generally negative impact on income and wealth equality. The author then details some of the potential contributions MNEs can make to attenuate the negative relationship of foreign direct investment (FDI) on equality, concluding that governments and their policies are the primary vehicle for addressing wealth and income inequality.\n\n\nDesign/methodology/approach\nThis paper is an essay.\n\n\nFindings\nThe relationship between inequality, growth and FDI is complex. On balance, FDI contributes to growth but may exacerbate inequality under some conditions. More research needs to be conducted, and policymakers need to carefully consider these nuanced relationships.\n\n\nOriginality/value\nThe paper provides review of the relationship of FDI, growth and inequality.\n","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":" ","pages":""},"PeriodicalIF":2.2000,"publicationDate":"2019-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/MBR-09-2018-0062","citationCount":"18","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Multinational Business Review","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1108/MBR-09-2018-0062","RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"BUSINESS","Score":null,"Total":0}

引用次数: 18

Abstract

Purpose The relationship among foreign direct investment, multinationals, inequality and growth is a vexing one that has occupied considerable scholarly and practical attention for many decades. To date, international business scholars have not fully concerned themselves with this issue (Buckley, Doh and Benischke, 2017, for an exception). This paper aims to briefly review this literature and report some of the insights of this work. The author draws from and integrates this literature, concluding that multinationals and the foreign investment that emanate from them have a generally positive impact on growth and a generally negative impact on income and wealth equality. The author then details some of the potential contributions MNEs can make to attenuate the negative relationship of foreign direct investment (FDI) on equality, concluding that governments and their policies are the primary vehicle for addressing wealth and income inequality. Design/methodology/approach This paper is an essay. Findings The relationship between inequality, growth and FDI is complex. On balance, FDI contributes to growth but may exacerbate inequality under some conditions. More research needs to be conducted, and policymakers need to carefully consider these nuanced relationships. Originality/value The paper provides review of the relationship of FDI, growth and inequality.

查看原文本刊更多论文

跨国公司、外国直接投资、不平等与增长

目的外国直接投资、跨国公司、不平等和增长之间的关系是一个令人烦恼的问题，几十年来一直受到学术界和实务界的广泛关注。到目前为止，国际商业学者还没有完全关注这个问题（Buckley，Doh和Benischke，2017，一个例外）。本文旨在简要回顾这些文献，并报告这项工作的一些见解。作者借鉴并整合了这些文献，得出的结论是，跨国公司及其产生的外国投资对增长总体上有积极影响，对收入和财富平等总体上有负面影响。然后，作者详细介绍了跨国公司可以为削弱外国直接投资对平等的负面关系做出的一些潜在贡献，得出的结论是，政府及其政策是解决财富和收入不平等的主要工具。设计/方法论/方法这篇论文是一篇论文。发现不平等、增长和外国直接投资之间的关系是复杂的。总的来说，外国直接投资有助于增长，但在某些情况下可能加剧不平等。需要进行更多的研究，政策制定者需要仔细考虑这些微妙的关系。原创性/价值本文回顾了外国直接投资、增长和不平等之间的关系。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Multinational Business Review BUSINESS-

CiteScore

5.40

自引率

14.80%

发文量

期刊介绍： Multinational Business Review publishes high quality and innovative peer-review research on the strategy, organization and performance of multinational enterprise (MNE), international business history, geography of international business, and the impact of international business on economic growth and development. The journal encourages papers that are cross-disciplinary in nature, and that address new and important issues in international business. Multinational Business Review also promotes research on under-represented regions such as Africa, Central and Eastern Europe, Latin America, and South East Asia and their MNEs, as well as under-studied topics such as the role of trade, investment and other public policies. Specific topics of interest include innovation and entrepreneurship in an international context; corporate governance and ownership; social, environmental and political risk; the role of multilateral institutions; and the nature of emerging market multinationals. The title seeks strong conceptual studies, contributing to the advancement of theories and frameworks, and sound empirical work, whether qualitative or quantitative, suggesting managerial, economic or government policy recommendations. The journal encourages replication studies that contribute to our understanding of the reliability and validity of current knowledge. Finally, Multinational Business Review welcomes proposals for perspectives pieces that offer critical and challenging viewpoints; surveys of the literature particularly those that use new and innovative bibliometric methods; and special issues on topics of relevance to Multinational Business Review.