MNCs have reconfigured the world since 1980,utilising the technology revolutionto slice and dice their supply chains into global value chains(GVC)and creatingglobal oligopolistic competition through consolidation,cross-border M&A.The new smart money:FDI flows reflect the political networks utilised by MNCsto make longer term investment decisions.In an increasingly politicalised globaleconomy,we regard this as valuable knowledge.
20170112-MACQUARIE-MACQ-RO_INSIGHTS:FOLLOWING_THE_NEW_SMART_MONEY-759695.pdf
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