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Essay / Research Paper Abstract
This 5-page paper discusses Foreign Direct Investment (FDI) in Germany. Topics highlighted include reasons why Germany is interested in focusing on FDI, and the success factor in the German effort. Bibliography lists 4 sources.
Page Count:
5 pages (~225 words per page)
File: D0_MTfdiger.rtf
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Unformatted sample text from the term paper:
Please One response of German unification between East and West
Germany has been the combining of two workforces and two economies. Another response has been an increased push toward foreign direct investment (FDI) activity from abroad. Although German companies have
been huge investors abroad, there has been little FDI coming back into the German borders (McCrary, 1999). As well see throughout this paper, there are many reasons why FDI investment
has been very slow in Germany, versus other European Union nations and provinces. But beginning in the late 1990s, this changed somewhat
- Germany has initiated procedures and plans to encourage FDI in order to boost employment and expand the countrys technological base (McCrary, 1999). German businesses and government also want to
boost FDI to help be a springboard into the European Union (McCrary, 1999). Another goal of the German FDI plan is to
increase competition, and more importantly, to increase jobs (McCrary, 1999). Experts point out that job increases - and an increase in the tax base - has been especially important to
boost opportunities in the former East Germany (McCrary, 1999). Interestingly enough, although Germany has been known throughout the decades as primarily a
manufacturing country (for example, two very well-known automobiles; Mercedes-Benz and Volkswagen, have their roots in German engineering and German plants), the move when it comes to FDI is more high
tech and modern service sectors (McCrary, 1999). In Hamburg, for example, the concentration is primarily service - and includes banks, insurance and media (including the Internet) (McCrary, 1999).
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