Title: Transatlantic Foreign Direct Investment and the European Economic Community
Author: Dunning, John H.
Author Affiliation: U Reading and Rutgers U
Source: International Economic Journal, Spring 1992, v. 6, no. 1, pp. 59-81
Publication Date: Spring 1992
Abstract: This paper explores the issue as to how far and in what way has European economic integration--and the prospects of completion of the internal market in 1992--affected the level and pattern of transatlantic value added activities. It is shown that the challenges of 1992 have revitalized U.S. investment in the European Community. At the same time, these same challenges, together with the wider imperatives of technological and globalization of production and markets, have encouraged an explosion of European direct investment in the United States.