Are international capital flows coming to the end?

Authors

  • Jerzy Różański Uniwersytet Łódzki, Wydział Zarządzania, Katedra Finansów i Strategii Przedsiębiorstwa

DOI:

https://doi.org/10.18778/0208-6018.329.04

Keywords:

foreign direct investments, international capital flows, world economy

Abstract

This article focus on present and future change in international capital flows in connection with basic tendencies in world economy (financial and economic crisis, autarkic tendencies, growing role of chosen countries, and collapse others), and problems of short or long life of the most famous theories connected with international capital flows. Therefore the two research problems were addressed:
1. As the literature related to foreign investments and international capital flows still presents theories explaining the origins of their occurrence and the conditions in world’s economy since the elaboration of these theories have significantly changed, the attempt to reconsider if the theories are still valid has been made.
2. Do the changes occurring in the global economy lead to reallocation of foreign investments, or rather to their disappearance? Accordingly, the basic assumptions of the most important theories explaining the reasons for making foreign investments has been presented, and subsequently, confronted with contemporary economic realities. Then, on the basis of available statistical data the direction of changes occurring in the value of international capital flows in the countries whose economic importance and share in these flows is relatively greatest has been determined.

Downloads

Download data is not yet available.

References

Arnold U. (2000), New dimensions of outsourcing: a combination of transaction cost economics and the core competencies concept, „European Journal of Purchasing and Supply Management”, no. 6, s. 23–29.
Google Scholar

Buczkowski B., Kłysik‑Uryszek A., Kuna‑Marszałek A., Świerkocki J. (2015), Polskie inwestycje bezpośrednie, Wydawnictwo Uniwersytetu Łódzkiego, Łódź.
Google Scholar

Coase R. (1937), The Nature of the Firm, „Economica”, no. 4, s. 386–405.
Google Scholar

Dunning J. (1977), Trade Location of Economic Activity and the Multinational Enterprise: A Search for an Eclectic Approach, [w:] B. Ohlin, P. Hasselborn, Wijkman P. (eds.), The International Allocation of Economic Activity, Macmillan, London.
Google Scholar

Gorynia M. (2007), Strategie zagranicznej ekspansji przedsiębiorstw, PWE, Warszawa.
Google Scholar

Hymer S. (1960), The International Operations of National Firms. A Study of Foreign Direct Investment, MIT Press, Cambridge.
Google Scholar

Jaworek M. (2006), Bezpośrednie inwestycje zagraniczne w prywatyzacji polskiej gospodarki, Dom Organizatora, Toruń.
Google Scholar

Karaszewski W. (2004), Bezpośrednie inwestycje zagraniczne. Polska na tle świata, Dom Organizatora, Toruń.
Google Scholar

Kindlerberger Ch. (1969), American Business Abroad, Yale University Press, New Haven.
Google Scholar

Knickerbocker F. (1973), Oligopolistic Reaction and Multinational Enterprise, Harvard University Press, Boston.
Google Scholar

Mundall R. (1957), International Trade and Factor Mobility, „American Economic Review”, no. 2, s. 321–325.
Google Scholar

Oczkowska R. (2013), Międzynarodowa ekspansja przedsiębiorstw w warunkach globalizacji, Difin, Warszawa.
Google Scholar

Pausenberger E. (1997), Ocena wyników zagranicznych przedsiębiorstw córek w koncernach, [w:] J. Kortan (red.), Nowoczesne tendencje w nauce i praktyce zarządzania przedsiębiorstwem, Wydawnictwo Absolwent, Łódź.
Google Scholar

Sobiecki R., Pietrewicz J. (red.) (2011), Uwarunkowania zmian kosztów transakcyjnych, Oficyna Wydawnicza SGH, Warszawa.
Google Scholar

Vernon R. (1966), International Investment and International Trade in the Product Cycle, „The Quarterly Journal of Economics”, no. 2, s. 190–207.
Google Scholar

Witkowska J. (2005), Rola bezpośrednich inwestycji zagranicznych podejmowanych przez małe i średnie przedsiębiorstwa w Polsce, [w:] W. Karaszewski (red.), Bezpośrednie inwestycje zagraniczne w podnoszeniu konkurencyjności polskiej gospodarki, Wydawnictwo UMK w Toruniu, Toruń.
Google Scholar

Published

2017-09-22

How to Cite

Różański, J. (2017). Are international capital flows coming to the end?. Acta Universitatis Lodziensis. Folia Oeconomica, 3(329), [45]-58. https://doi.org/10.18778/0208-6018.329.04

Issue

Section

Articles

Similar Articles

<< < 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 > >> 

You may also start an advanced similarity search for this article.