Innovation, Investment and the Diffusion of Technology in Europe. German Direct Investment and Economic Growth in Postwar Europe

The globalisation of the world economy has raised many fears for employment and growth in the advanced economies. Foreign investment has been one of the major factors driving globalisation. The papers in this volume address the role of German foreign investment in the European growth process. The implications for the home economy are addressed, as are the determinants of outflows. The effects of foreign investment in host countries are also assessed, and the editors draw conclusions for future economic development in the European Union.

(£35.00 hardback, Cambridge University Press, 1999, ISBN 0 52162087 2)

A NIESR book published by and available from <a href="http://www.cambridge.org/uk/">Cambridge University Press</a>