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Creating jobs at home by investing overseas – a counterintuitive truth

Crescenzi, Riccardo ORCID: 0000-0003-0465-9796, Ganau, Roberto and Storper, Michael (2021) Creating jobs at home by investing overseas – a counterintuitive truth. LSE Business Review (24 May 2021). Blog Entry.

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Abstract

Firms with direct investment in other countries create jobs at home. This is a counterintuitive fact that defies political thinking, especially in these rapidly changing times of populism and cries against global economic integration. Riccardo Crescenzi, Roberto Ganau, and Michael Storper study the number of jobs new foreign direct investment by domestic companies creates abroad, in comparison with local employment levels. They find a positive effect on domestic local employment, with a potential downside: intra-regional inequalities.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2021 The Authors
Divisions: Geography & Environment
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited: 23 Jul 2021 11:18
Last Modified: 03 Aug 2021 23:03
URI: http://eprints.lse.ac.uk/id/eprint/111261

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