Session 4: Transnational Production and Portfolio Investment

I. Conceptual and Theoretical Frameworks

A. Definition and History of Work on MNCs (graphic)

B. Types of Transnationalization (graphic)

II. FDI Flows and Behavior

A. Empirical Findings

B. Determinants of FDI Movements (graphic)

C. Effects of FDI (graphic)

III. Portfolio Investment and Investor Behavior (quote)

A. Origins and Empirical Findings (graphic) (graphic)

B. Behavior of Portfolio Investors (graphic)

C. The Question of Capital Controls (graphic)

Debate #2: The Desirability of State Regulation of Capital Flows