By critically appraising current theories of both Foreign Direct Investment (FDI) and agglomeration, this book explores the variety of links that exist between these two externality-creating phenomena. Using in-depth empirical research on Mexico, Jacob Jordaan constructs and analyzes several datasets on Mexican manufacturing industries at various geographical scales, creating innovative models on FDI externalities that incorporate explicitly regional considerations. The empirical findings identify both direct FDI spillover effects as well as the effects of agglomeration on these externalities. In extension of this, the analysis also contains analysis of FDI productivity effects that arise through inter-firm linkages between FDI and local Mexican suppliers.
As a passenger train leaves Spencer Street Station on its haul to Sydney, Vic, Rita and their son, Michael, are off to a party. George Bedser has invited the whole neighbourhood to celebrate the engagement of his daughter. Vic is an engine driver, with dreams of being like his hero, Paddy Ryan, and becoming the master of the smooth ride. As the neighbours walk to the party, we are drawn into their lives: a bully, a drunk, a lonely wife, a restless girl - and a young boy forced to grow up before he is ready. The Art of the Engine Driver is a luminous and evocative tale of ordinary lives, told with extraordinary power.
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