The international integration of national economies is a dominant
feature of the present time. This book brings together papers on
the determinants and consequences of foreign direct investment
(FDI) in the real and financial sectors of industrial countries. It
sheds new light on the determinants of FDI, in particular the role
of governmental incentives. Another main topic of this volume is
the role of FDI in the east European accession countries. It
provides insights into the question of whether EU enlargement will
have consequences for capital flows into those countries. Since the
start of European monetary union the discussion on cross-border
mergers in the European banking industry has intensified. The final
part of the book contains contributions to this debate.
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