Rajneesh Narula is an Assistant Professor in International Business and Research Fellow at the Maastricht Economic Research Institute on Innovation and Technology (MERIT) at the University of Limburg.

• 1 INTRODUCTION 2 THE DYNAMICS OF FDI AND ECONOMIC GROWTH 3 A CROSS-SECTIONAL TEST OF THE IDP 4 NATURAL AND CREATED ASSETS AS DETERMINANTS OF FDI 5 GLOBALISATION, HOMOGENEITY AMONG INDUSTRIALISED COUNTRIES AND DIFFERENCES IN FDI PATTERNS 6 COUNTRY-SPECIFIC FACTORS, TRADE AND FDI PATTERNS OVER THE 1980s 7 TRANSPACIFIC FDI: A FORTY-YEAR VIEW OF CHANGING COMPETITIVENESS 8 SUMMARY, CONCLUSIONS AND POLICY IMPLICATIONS

Rajneesh Narula is an Assistant Professor in International Business and Research Fellow at the Maastricht Economic Research Institute on Innovation and Technology (MERIT) at the University of Limburg.

• 1 INTRODUCTION 2 THE DYNAMICS OF FDI AND ECONOMIC GROWTH 3 A CROSS-SECTIONAL TEST OF THE IDP 4 NATURAL AND CREATED ASSETS AS DETERMINANTS OF FDI 5 GLOBALISATION, HOMOGENEITY AMONG INDUSTRIALISED COUNTRIES AND DIFFERENCES IN FDI PATTERNS 6 COUNTRY-SPECIFIC FACTORS, TRADE AND FDI PATTERNS OVER THE 1980s 7 TRANSPACIFIC FDI: A FORTY-YEAR VIEW OF CHANGING COMPETITIVENESS 8 SUMMARY, CONCLUSIONS AND POLICY IMPLICATIONS