I‑ Extent and Growth
•Dramatic growth since WWII
•1975 world-wide foreign direct investment was $23 billion
•2000 world-wide foreign direct investment was $1.3 trillion
•Largest recipients in 2000
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2000 world-wide foreign direct investment was $1.3 trillion
Over $1 trillion of that was into developed countries
But by 1999 foreign direct investment was 2/3 of all investment in LDCs
60,000 MNCs employing 45 million workers overseas and 50 million in their home operations

Largest recipients in 2000
US, Germany, UK, Belgium