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(World Investments, 2006 [Online]) Particularly for developing countries, FDI has been the most important source of foreign investment and an important source of technological spillovers.
Despite the fact that over the past three decades, the rate of growth in the number of studies devoted to FDI has probably surpassed that of the FDI itself, the number of issues in the area that require economic analysis does not seem to be decreasing. But from last couple of year's developing countries or economies are also investing as Outward Foreign Direct Investment in other developing countries or developed countries for example Asian developing countries such as India and China etc...
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