NEW YORK β During the past decade, emerging economies have become important players in the global foreign-direct-investment market. Indeed, the share of world FDI outflows of the more than 30,000 multinational enterprises (MNEs) headquartered in emerging markets rose from roughly 5% in 1990 to more than one-quarter today. These new players β many of which are state-owned enterprises (SOEs) and sovereign-wealth funds (SWFs) β have become serious competitors for long-established MNEs in many sectors.
NEW YORK β During the past decade, emerging economies have become important players in the global foreign-direct-investment market. Indeed, the share of world FDI outflows of the more than 30,000 multinational enterprises (MNEs) headquartered in emerging markets rose from roughly 5% in 1990 to more than one-quarter today. These new players β many of which are state-owned enterprises (SOEs) and sovereign-wealth funds (SWFs) β have become serious competitors for long-established MNEs in many sectors.