資源描述:
《了解外國直接投資(FDI)【外文翻譯】》由會(huì)員上傳分享,免費(fèi)在線閱讀,更多相關(guān)內(nèi)容在學(xué)術(shù)論文-天天文庫。
1、外文翻譯原文UnderstandingForeignDirectInvestment(FDI)MaterialSource:http://www.going-global.com/articles/understanding_foreign_direct_investment.htmAuthor:JeffreyP.GrahamandR.BarrySpauldingForeigndirectinvestment(FDI)playsanextraordinaryandgrowingroleinglo
2、balbusiness.Itcanprovideafirmwithnewmarketsandmarketingchannels,cheaperproductionfacilities,accesstonewtechnology,products,skillsandfinancing.Forahostcountryortheforeignfirmwhichreceivestheinvestment,itcanprovideasourceofnewtechnologies,capital,proce
3、sses,products,organizationaltechnologiesandmanagementskills,andassuchcanprovideastrongimpetustoeconomicdevelopment.Foreigndirectinvestment,initsclassicdefinition,isdefinedasacompanyfromonecountrymakingaphysicalinvestmentintobuildingafactoryinanotherc
4、ountry.Thedirectinvestmentinbuildings,machineryandequipmentisincontrastwithmakingaportfolioinvestment,whichisconsideredanindirectinvestment.Inrecentyears,givenrapidgrowthandchangeinglobalinvestmentpatterns,thedefinitionhasbeenbroadenedtoincludetheacq
5、uisitionofalastingmanagementinterestinacompanyorenterpriseoutsidetheinvestingfirm’shomecountry.Assuch,itmaytakemanyforms,suchasadirectacquisitionofaforeignfirm,constructionofafacility,orinvestmentinajointventureorstrategicalliancewithalocalfirmwithat
6、tendantinputoftechnology,licensingofintellectualproperty,inthepastdecade,FDIhascometoplayamajorroleintheinternationalizationofbusiness.Reactingtochangesintechnology,growingliberalizationofthenationalregulatoryframeworkgoverninginvestmentinenterprises
7、,andchangesincapitalmarketsprofoundchangeshaveoccurredinthesize,scopeandmethodsofFDI.Newinformationtechnologysystems,declineinglobalcommunicationcostshavemademanagementofforeigninvestmentsfareasierthaninthepast.Theseachangeintradeandinvestmentpolicie
8、sandtheregulatoryenvironmentgloballyinthepastdecade,includingtradepolicyandtariff6liberalization,easingofrestrictionsonforeigninvestmentandacquisitioninmanynations,andthederegulationandprivationofmanyindustries,hasprobablybeenthemostsignificantcataly