Abstract
Firms from emerging markets, especially China and India, have emerged as important players in the world economy, stamping their authority on the global business environment, through bold and large acquisitions in the developed markets, and this has led to increased interest in their behaviour by academics and policymakers alike who are beginning to realize the important analytical and policy issues that affect the world economy due to these firms. Also, there has been a significant increase in the foreign direct investment (FDI) flows from these emerging markets owing to the overseas activities of their firms. According to Ramamurti (2012, p. 42), in 2010, emerging markets accounted for 25% of global FDI flows, compared to only 6% in 2001. Furthermore, it is estimated by the McKinsey Global Institute that by 2025, 45% of Fortune 500 firms will be based in emerging markets (MGI, 2013).
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Garg, R. (2014). An Exposition of Indian Overseas Investments in Germany: Trends, Motivations and Challenges. In: Chan, T.S., Cui, G. (eds) The Rise of Asian Firms. The AIB Southeast Asia Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137407719_10
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DOI: https://doi.org/10.1057/9781137407719_10
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