Foreign Direct Investment and Development

In this cutting-edge analysis of foreign direct investment (FDI), Moran--one of the acknowledged experts in this area--questions traditional econometric measures of foreign direct investment flows, identifies flaws in past research, elaborates on how the latest research has moved into new territory, and provides a first look at what new research has uncovered. He provides important new data on the kinds of activities, types of jobs, and level of wages associated with multinational manufacturing investment.