Home

German outward FDI and its policy context

Ralph Hirdina; Thomas Jost

Title:
German outward FDI and its policy context
Author(s):
Hirdina, Ralph
Jost, Thomas
Date:
Type:
Reports
Department:
Vale Columbia Center on Sustainable International Investment
Permanent URL:
Series:
Columbia FDI Profiles
Publisher:
Vale Columbia Center on Sustainable International Investment
Publisher Location:
New York
Abstract:
German companies started early to internationalize their operations. They ranked among the top three of foreign investors measured by the value of their outward foreign direct investment (OFDI) stock by the end of 2008. German FDI abroad increased in close connection with the rise of German exports, and received a new stimulus through the further integration of European markets and the opening up of Eastern Europe in the 1990s. After record FDI outflows in the boom years 2006 to 2008, German OFDI dropped markedly in 2009 - but less than in the previous downturn between 2002 and 2003. In recent years, the German Government has continued to provide a sound legal framework for German companies going abroad by creating a wide network of bilateral treaties and offering support as well as information services as the internationalization of the German corporate sector improves the competitiveness of the country's economy and promotes exports.
Subject(s):
Finance
Economics, Commerce-Business
Item views:
335
Metadata:
text | xml

In Partnership with the Center for Digital Research and Scholarship at Columbia University Libraries/Information Services | Terms of Use