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A major development in the global foreign direct investment (FDI) market over recent years has been the rapid rise of multinational enterprises (MNEs) from emerging markets. In furtherance of its overarching mission, the VCC aims to ensure more sustainable investment by these emerging-market MNEs.

The first step is to develop and strengthen empirical research on emerging-market MNEs and establish a sound basis for understanding and discussing the role of those entities in the world economy by identifying the major players and their salient features and drivers. This is essential because these new players are less well known than their developed-country counterparts, which have been part of the business landscape for many decades. The second step is to focus more closely on understanding and improving the relationship between emerging-market MNEs and sustainable development including, for example, the impacts of these investors on environmental and labor standards in host countries.

The Emerging Market Global Players (EMGP) project, a collaborative effort led by the VCC, brings together researchers on FDI from leading institutions in emerging markets to gather original data from company surveys and additional research and to produce annual reports based on their findings. Those EMGP reports identify the top multinationals from each of a number of emerging markets, provide detailed information on the key features of the firms' activities abroad, and discuss other issues, including the underlying policy context influencing outward investment from those emerging markets and the impact of the MNEs on sustainable development.

Each report is posted on this website as well as on the website of the partner institution in the relevant country. The information in the reports, including the rankings by foreign assets, will be of interest to researchers, bankers, investors, and the media, as well as to multinational firms in many countries.

The EMGP project is coordinated by: Victor Chen (EMGP Global Coordinator and Editor) and Alev Günay (EMGP Manager and Editor).

For additional information, please contact Alev Günay.

 

Current EMGP partner institutions:

Argentina:  Beatriz Nofal, Eco-Axis

Brazil:  University of Sao Paulo

Chile:  United Nations Economic Commission for Latin America and the Caribbean (ECLAC) and Institute of International Studies of the University of Chile (IEI)

China:  Center for Transnationals' Studies of Nankai University

Egypt:  American University in Cairo

Hungary:  ICEG European Center

India:  Indian School of Business

Israel:  Manufacturers Association of Israel and Tel Aviv University

Korea:  The Institute of International Affairs of the Graduate School of International Studies (GSIS) at Seoul National University

Mauritius:  Board of Investment, Mauritius

Mexico:  Institute for Economic Research at the National Autonomous University of Mexico

Poland:  Institute for Market, Consumption and Business Cycles Research

Russia:  Institute of World Economy and International Relations of the Russian Academy of Sciences, Moscow

Slovenia:  University of Ljubljana, Center of International Relations

South Africa:  University of Pretoria

Taiwan:  Fu Jen Catholic University

Thailand:  Mahidol University

Turkey:  Kadir Has University and the Foreign Economic Relations Board (DEIK)

 

All EMGP Reports can be downloaded, by country, below:

Argentina

Brazil

Chile

Current Partner: United Nations Economic Commission for Latin America and the Caribbean (ECLAC) and Institute of International Studies of the University of Chile (IEI)

China

Hungary

India

Current Partner: Indian School of Business

Israel

Korea

Current Partner: The Institute of International Affairs of the Graduate School of International Studies (GSIS) at Seoul National University

Mexico

Poland

Russia

Slovenia

Taiwan

Turkey

Related work with VCC contributions

Multilateral Investment Guarantee Agency (MIGA), the World Bank