Multinational Corporations
The last 15 years we have observed an enormous growth of activity by multinational corporations, as measured by inflows and outflows of foreign direct investment (FDI). On the other hand of world-wide growth, Japan is in the 18th year of stagnation with a prolonged financial malaise. Almost two decades ago, Japan’s phenomenal growth was admired and even feared as unstoppable in the world. It is almost shrinking economy. However FDI has grown much faster. The worldwide nominal GDP increased at […]
