Effects of inward foreign direct investments on local manufacturing firms and service sectors.
Ключові слова:
tourism, foreign direct investment, the industrial sector, the horizontal and vertical channelsАнотація
The paper states the hypothesis that tourism sector in Georgia as a type of service industry can benefit more than industrial sector from inward Foreign Direct Investment spillover effects through both horizontal and vertical channels. To test the hypothesis author brings supportive arguments and empirical evidences from the recent researches that were done in different countries.Посилання
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